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10 March 2017

  |  CBI Press Team

Update

CBI proposes new rules on CBI President term of office

The CBI has proposed an amendment to the bye-laws to its Supplemental Royal Charter regarding the number of times a President can stand for election at its AGM. 

Image of CBI proposes new rules on CBI President term of office

It would provide the option for current and future Presidents to stand at the CBI’s AGM for a possible third, one-year term after the existing two, one-year terms of office. 

The proposed change must be approved by its members at an upcoming General Meeting and then by the Privy Council. 

Should the change be accepted, current CBI President Paul Drechsler CBE would be eligible to stand for re-election at the CBI’s next AGM.  He has stated his willingness to do so, if invited.

Carolyn Fairbairn, CBI Director-General, said:

“The current term for CBI Presidents can feel short, particularly during times of significant political and economic change. 

“Our Presidents build up experience, relationships and knowledge that are of great value to us, and crucially to our members.  This amendment would bolster the CBI’s influential and respected voice on behalf of business in these important times.”

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