Business Secretary Vince Cable has announced the appointment of Phil Smith, UK and Ireland Chief Executive of technology company Cisco, as the new Chair of the Technology Strategy Board.
Vince Cable said:
“Innovation is central to the Government’s plans to rebalance the economy. The Technology Strategy Board plays a vital role in developing innovative technologies in the UK, giving businesses the opportunity to grow, and I am pleased that we have been able to appoint someone of Phil Smith’s calibre to this position.”
Phil Smith said the role offered a key opportunity to raise the profile of the Board across the UK and increase its reach, influence and impact. He commented:
“Science, technology and innovation are vital in addressing some of the challenges we face as a country and are crucial in generating sustainable economic growth. I welcome this opportunity to help direct and influence the Government’s approach to innovation and our potential to be a leading light on the world stage.”
Phil Smith will begin his term on 1 December 2011 for an initial period of four years. The business-led Technology Strategy Board is seen as the Government's prime channel for delivering government support for business-led technology innovation.
Leading Spanish economist Luis Fernandez has joined environmental solutions provider ACWA Emirates as Chief Officer Concessions for the MENA region to provide in-depth support for the company’s drive into the public-private partnership (PPP) sector.
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