New chairman appointed to Global Cities Business AllianceFebruary 11, 2016
The Global Cities Business Alliance, launched by London First last June, is steadily establishing itself as the leading forum for businesses and cities to tackle urban challenages and make cities work better.
Backed by some of the world’s leading companies, from MasterCard to PwC, the Alliance has now appointed heavyweight business leader Sir Michael Rake as chairman.
Sir Michael is best known as chairman of BT and is also chairman of payments processing firm Worldpay Group, and previously deputy chairman of Barclays.
On his appointment, Sir Michael Rake, said:
“The Global Cities Business Alliance has already shown itself to be an effective place for business leaders to think about and interact with global cities, and I believe that business has an important role through this alliance in helping cities rise to the challenges of population changes and increasing demands on infrastructure and housing.”
The Alliance also welcomes three new global Partners: Canary Wharf Group, Fleishman Hillard and Macquarie, further strengthening the sectoral and global reach of the Alliance.
The Global Cities Business Alliance’s mission is to provide a unique forum where global business and city leaders come together to define, shape and implement initiatives for improving cities’ performance in the changing global economy.
Following its launch last year, the Alliance has been focusing on two areas:
- City-business Interaction – how to create a more effective dialogue between business and city leaders
- Housing for Inclusive Cities – how to address the impact of the housing crisis on attracting and retaining talent
We will be sharing the learnings from these initiatives at our upcoming Global Cities Symposium on 21 June, as well as look ahead to new priorities, such as urban mobility and the impact of culture/innovation on city competitiveness.