Cisco UK and Ireland CEO Phil Smith is the new chair of the Technology Strategy Board
Business Secretary Vince Cable today announced that Cisco UK and Ireland CEO Phil Smith is the new chair of the Technology Strategy Board.
"Innovation is central to the Government’s plans to rebalance the economy. The Technology Strategy Board plays a vital role in developing innovative technologies in the UK, giving businesses the opportunity to grow, and I am pleased that we have been able to appoint someone of Phil Smith’s calibre to this position," Mr Cable said.
The Technology Strategy Board is a public body reporting to the Department of Business, Innovation and Skills. Its mandate is to drive UK growth and productivity by supporting and stimulating business-led technology innovation.
Mr Smith replaces former chair Graham Spittle and will start on 1 December 2011 for an initial period of four years. His remuneration will be £15,720 per year.
"It’s a great honour to be offered the position of Chair on the Government’s Technology Strategy Board and it is one that I gladly accept. One of the key opportunities the role brings, which I intend to address, will be to raise the profile of the TSB across the UK and increase its reach, influence and impact," Mr Smith said.
"Science, technology and innovation are vital in addressing some of the challenges we face as a country and are crucial in generating sustainable economic growth. I welcome this opportunity to help direct and influence the Government’s approach to innovation and our potential to be a leading light on the world stage."
Mr Smith sits on a number of other boards including: Young Enterprise, the Employers Forum for Disability/British Taskforce for Accessible Technology, and is chair of e-Skills UK.