Balfour Beatty appoints new chairman

Balfour Beatty has appointed Lord Allen as its new chairman and a non-executive director, taking over from Philip Aiken.

Charles Allen, whose title is Lord Allen of Kensington, has previously served as chair of ISS, executive chair of EMI Music, chief executive of ITC, chief executive of caterer Compass Group, and chief adviser to the British Home Office.

He currently holds positions as advisory chairman of investment bank Moelis & Company and chairman of Global Media and Entertainment.

Philip Aiken, Balfour Beatty chair since 2015, said: “I am pleased to welcome Charles Allen to Balfour Beatty. He brings to our board a wealth of experience of international companies, a range of sectors and government.”

“It has been a privilege to be part of Balfour Beatty over the last six years of significant progress. I wish all those who work with and for the group the very best for its continued success.”

Lord Allen said: “It is a good time to be joining Balfour Beatty, there are significant opportunities for the company to continue to develop in its chosen markets. I am looking forward to working with the Board and the management team to continue to create and deliver value to all stakeholders.”

Story for CM? Get in touch via email: [email protected]

Latest articles in And News