19/06/2013

New Minister For Trade And Investment Appointed

The chief executive at BT is to leave the telecoms giant to become minister for trade and investment.

Ian Livingston will replace former HSBC chief executive and chairman Lord Green when he joins the House of Lords. Lord Green has served since 2011 but is approaching retirement.

Livingston became the youngest FTSE 100 finance director at the age of 32 when he was with Dixons.

He joined BT in the same role ahead of becoming chief executive in June 2008, aged 43.

He will join the House of Lords ahead of taking up the front bench role in December.

(MH/JP)

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