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UK's Cbi Business Association Names Bae Systems Chair as President
Published by Global Banking & Finance Review®
Posted on October 22, 2025
2 min readLast updated: January 21, 2026
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Quick Summary
Cressida Hogg, BAE Systems chair, becomes CBI president, aiming to drive UK economic growth and competitiveness.
CBI Appoints BAE Systems Chair Cressida Hogg as New President
Cressida Hogg's Vision for the CBI and UK Economy
LONDON (Reuters) -The Confederation of British Industry said on Wednesday that the chair of defence company BAE Systems, Cressida Hogg, will be its next president, succeeding Rupert Soames, a grandson of Winston Churchill with a long career in British industry.
Background of Cressida Hogg
Hogg, who will take up the role on January 1, also serves on the board of the London Stock Exchange Group and is a member of a public body that oversees takeovers of British listed companies.
Challenges and Opportunities Ahead
"Whilst this is a challenging time for business, it is also one of opportunity," Hogg said in a statement.
CBI's Recent Leadership Changes
"I look forward to working with the CBI team as we help government achieve our common objectives of making the UK a high-growth economy, attracting the investment needed to drive global competitiveness and increased productivity," she added.
Soames, who was appointed in December 2023 after the CBI's future came into question due to a string of sexual assault allegations, was previously chief executive of outsourcing company Serco.
(Reporting by Sam Tabahriti; editing by David Milliken)
Key Takeaways
- •Cressida Hogg appointed as CBI president.
- •Hogg is the chair of BAE Systems.
- •She aims to enhance UK economic growth.
- •Rupert Soames was the previous president.
- •CBI focuses on global competitiveness.
Frequently Asked Questions about UK's CBI business association names BAE Systems chair as president
1What is the Confederation of British Industry (CBI)?
The Confederation of British Industry (CBI) is a leading business organization in the UK that represents companies and advocates for policies to support business growth and competitiveness.
2What is the role of a company president?
The president of a company typically oversees the organization's operations, sets strategic direction, and represents the company in public and business affairs.
3What is the London Stock Exchange?
The London Stock Exchange is one of the world's oldest and largest stock exchanges, where shares of publicly traded companies are bought and sold.
4What is a high-growth economy?
A high-growth economy is characterized by rapid economic expansion, often measured by increases in GDP, investment, and job creation.
