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Key role for remain supporter

Lord Bilimoria frontrunner to be next CBI president

Lord BilimoriaCobra beer, Karan Bilimoria, a prominent remain supporter, is expected to take a key business lobbying role in post-Brexit Britain.

Lord Bilimoria is the frontrunner to succeed the Tesco chairman, John Allan, as president of the CBI which expects him to stand as its vice-president at its annual meeting on 18 June.

He sits in the Lords as an independent cross-bench peer, having launched Cobra beer in 1989 and remaining its chairman. He was also the founding chairman of the UK-India Business Council.

A campaigner for a second referendum, Lord Bilimoria, has compared the Brexit process to “watching a train crash in slow motion”.

He said on Sunday: “I want a resolution to this in a way that would be good for the UK and for British business.”

The President of the CBI helps to shape the organisation’s policy decisions. Carolyn Fairbairn, the organisation’s director-general, said this weekend that Lord Bilimoria’s wealth of business experience would prove invaluable for the organisation’s 190,000 members at a critical time for the country.

At a dinner at Gleneagles in April last year he called for MPs to show they had leadership skills by re-thinking Britain’s withdrawal.



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