Former Financial Times editor Richard Lambert is set to be named as the new head of the CBI, according to reports on the BBC.
Lambert is expected to step down from his position on the Bank of England’s monetary policy committee and take over at the CBI in July. He will replace the current director-general Sir Digby Jones.
After leaving the Financial Times Lambert conducted several independent reports for the government, including one on BBC News 24 and another on the connection between higher education and business.