Mr Drechsler is currently Chairman of Bibby Line Group which is headquartered in Liverpool. Before that he was Chief Executive of the privately-owned construction firm Wates Group.
He joined Wates in September 2004 and became Chairman and Chief Executive in April 2006 until 2014.
Prior to joining Wates, Mr Drechsler worked for ICI PLC, spending the first ten years of his career on Teesside. That was followed by 14 years holding various senior positions and living in Brazil, the USA and the Netherlands, which concluded with five years as Chief Executive of one of ICI’s principal international businesses and as a Main Board Director (1998-2003).
Paul is also Chairman of the board of the charity Teach First, Chancellor of Teesside University and a board member of Business in the Community and Chairman of its Education Leadership Team. He was also the Chairman of the National Skills Funding Agency until September 2015.
Mr Drechsler has also been recognised for his outstanding leadership, winning KPMG Chief Executive of the Year for the construction industry and PwC ‘Private Company, Chief Executive of the Year’. During his tenure at the helm, Wates Group won the Business in the Community Company of the Year and the J.P. Morgan Best UK Family Business Award.
Mr Drechsler has been a member of the CBI Board since 2012 and was Chairman of the CBI Energy Policy Committee between 2007 and 2012 and a member of the Chairmen’s Committee.
In February 2015, he was honoured by Her Majesty, The Queen with an Honorary CBE for services to the construction industry.
Mr Drechsler graduated from the University of Dublin, Trinity College, with an (Honours) degree in Engineering Science. He is married with three children.