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UK Government: Appointment to the Industrial Development Advisory Board

Posted on: Wed, 11 Nov 2009 09:52:00 EST

Symbols: CXASF

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Nov 11, 2009 (M2 PRESSWIRE via COMTEX) --
CXASF | Quote | Chart | News | PowerRating -- Business Minister Pat McFadden today announced the appointment of Philip Sturrock to the Industrial Development Advisory Board (IDAB).

Philip Sturrock has been managing director of publishers Pitman Books Ltd and Routledge & Kegan Paul plc, as well as chairman and CEO of Cassell plc and The Continuum International Publishing Group Limited. He holds chairman and non-executive positions in both private and public sector organisations.

IDAB provides advice to government on proposals to provide selective financial assistance to industry.

Business, Innovation & Skills Minister Pat McFadden said:

'I am pleased to welcome Philip Sturrock to the Board and know his skills and experience will be highly valued.

'The Board's business expertise helps us make sure that public investments in industrial projects have the best possible impact.'

Notes to editors

- IDAB is a statutory body set up under Section 10 of the Industrial Development Act 1982 to advise the Secretary of State on the exercise of his powers under Sections 7 and 8 of that Act, which cover the provision of selective financial assistance to industry. The Board comprises senior people who collectively bring a balance of expertise and competence in industry, banking, accountancy and finance to advise Ministers on large investment decisions. It advises the Secretary of State on public investments in major projects in the English regions.

- Philip Sturrock is currently trustee, honorary treasurer and Chair-designate of United St Saviour's Charity; Governor and chairman of finance of Queen Mary's Grammar School; honorary visiting professor at Beijing Normal University; and non-executive director of Pancathay Consulting Ltd.

- The appointment is part-time and unpaid. It will run for three years.

- For more info on the Board, including current membership, please visit http://www.berr.gov.uk/whatwedo/regional/regional-development/indus-dev-advis-board/page19309.html

Department for Business, Innovation & Skills

The Department for Business, Innovation and Skills (BIS) is building a dynamic and competitive UK economy by: creating the conditions for business success; promoting innovation, enterprise and science; and giving everyone the skills and opportunities to succeed. To achieve this it will foster world-class universities and promote an open global economy. BIS - Investing in our future.

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

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