Heathrow Airport has announced that current Chairman of the Board, Sir Nigel Rudd, will be succeeded by Lord Paul Deighton later in the year.
After Rudd steps down, Lord Deighton will be the man with the responsibility to guide Heathrow through the next phase of development, the shape of which rests on the government's eventual decision on airport expansion in the south east.
Heathrow's vision is to provide passengers with the best airport service in the world and Lord Deighton has the experience to bring that to realisation.
His career includes great success at Goldman Sachs which was then followed by a stint as Chief Executive of the London Organising Committee of the Olympic Games, which led to the 2012 event being hailed internationally.
More recently Lord Deighton has held the post of Commercial Secretary to the Treasury where he was responsible for the UK's National Infrastructure Plan. This entailed focusing on getting major projects built and attracting capital into the UK from international sources on a global basis. Overall, he has been responsible for creating an environment for continued infrastructure investment across the UK.
Britain's front door
“Over the past decade, Heathrow has been transformed by £11 billion of private investment into a world-class airport that Britain can be proud of,” explained Lord Deighton.
“It is Britain's front door - providing a warm welcome to visitors and connecting all parts of our island trading nation to the emerging and international markets of the world that fuel growth, create jobs and drive exports.”
He went on to say how delighted he was to be joining a team that shared the aim of giving passengers the best airport service in the world, while adding that he felt a new runway for Heathrow would keep Britain at the heart of the global economy.
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Date Created: 10/03/2016