Rupert Soames is to be the next President of the CBI, and will be formally elected by members at next June’s AGM.
Soames started his career at the General Electric Company and brings to the CBI nearly 40 years’ experience running global businesses in manufacturing, services, IT, and engineering. Having been one of the longest-serving public company CEOs in the UK – including 11 years at Aggreko and nine at Serco – he brings with him a wealth of boardroom experience from some of the biggest companies in the UK.
Currently serving as Chair of FTSE medical technology manufacturer Smith & Nephew, and with over 20 years of board experience, Soames will also provide deep experience in corporate governance.
He said: “I am pleased and honoured to have been nominated to be the next President of the CBI. After a decade of disruption and distraction due to Brexit, Covid, inflation and labour shortages, business and government need to work closely together to deliver a prosperous future where economic growth will lift living standards and sustainably fund the UK’s vital public services.
“The CBI is needed more now than at almost any time in its history, and it will be a privilege to lead the organisation in the coming years.”
Rain Newton-Smith, CBI Chief Executive, said: “Rupert is a fantastic advocate for UK business, and I am delighted to enter the new year working alongside someone with his depth and breadth of experience to ensure the CBI delivers a strong voice for our members, trade associations and for the UK business community.
“As we head into 2024, leadership from business is vital in delivering sustainable growth and a positive vision for the UK economy, and I look forward to delivering that together.”
