Rake to be next BT chairman

UK incumbent BT on Monday announced the appointment of Sir Michael Rake, the current chairman of KPMG International, as successor to BT chairman, Sir Christopher Bland, in September 2007.

BT chief executive, Ben Verwaayen, said in a statement: “We have accomplished a great deal, but there is still much more work to be done building BT’s global presence and ensuring that the UK stays at the forefront of the broadband revolution. Throughout his career Michael has demonstrated both dynamism and vision. These are qualities that will help BT succeed through the next phase of its transformation.”