An Asian peer has been appointed as the Vice President of the Confederation of British Industry (CBI).
Lord Karan Bilimoria, founder of Cobra Beer has now replaced Paul Drechsler CBE who stepped down from the position after his six years of tenure at the organisation.
“I am humbled and honoured to be elected Vice President of the CBI. Deeply touched and inspired by generous words of encouragement...I look forward to participating and contributing as best as can and working together with the CBI,” tweeted Lord Bilimoria.
The appointment comes amidst Brexit chaos when Lord Bilimoria has been an active campaigner for a second referendum. He had earlier compared the Brexit process to “watching a train crash in slow motion”. However, he had also clarified that his personal view on Brexit was “completely separate” from the organisation.
“We are lucky to have such a well-respected entrepreneur whose experiences reflect both the highs and lows of starting and growing a business,” said John Allan, President CBI.