The Confederation of British Industry (CBI) has announced that Sir Mike Rake will succeed Sir Roger Carr as president in June 2013.
Rake (pictured) is chairman of the BT Group and Easyjet, as well as deputy chairman of Barclays and a director at McGraw-Hill.
His previous roles also include chairman of the UK Commission for Employment and Skills and chairman of Business in the Community. He was also chairman of KPMG International, after having served as chairman of KPMG in Europe and a senior partner at KPMG in the UK.
Carr said: “[Rake]will be a great addition to the CBI team. His extensive international business experience across a wide variety of sectors will be hugely valuable and make him an excellent choice for the role of president.”
Rake added: “I am delighted to have been asked to take on the role of president of the CBI at this critical stage of economic development.
“The CBI provides an objective apolitical view on those matters which are most important from a business perspective, ensuring the economy can start to grow and create jobs, particularly for the young.
“I very much look forward to working with [CBI director-general] John Cridland and to continuing the excellent work carried out by [Carr].”