Excel London has seen in the New Year with the announcement of changes in top board positions, including elevating Chief Executive Kevin Murphy to become Chairman. Sir David Arculus, previously Chairman, has stood down from the role.
David Pegler, previously Managing Director, moves up to fill the role of Chief Executive. CN understands the MD role is unlikely to be filled, although a spokesperson said further ‘internal changes’ in key personnel were likely to be announced soon.
The management role changes come after a busy 2012 for Excel London, which welcomed 5m visitors through its doors, played host to seven Olympic events, six Paralympic events and contributed over £1.8bn in economic impact to London.
As Chief Executive, Kevin Murphy has overseen the investment of £165m from Excel’s owners, the Abu Dhabi National Exhibitions Centre (ADNEC) to create a new International Convention Centre for London, which helped the capital move from 19th to seventh in the ICCA (International Convention & Congress Association) city rankings.
Murphy also secured a further £55m investment in opening the UK’s first Aloft hotel at the East London site with 252 beds.
As Chairman Murphy, who is also a board member of convention bureau London & Partners, will concentrate on developing and strengthening Excel London’s partnerships with local and national government to gain greater recognition and support for London as a global centre for business tourism.
“Excel London has had a huge positive impact on the London economy and has helped to attract some of the world’s leading events to our capital city,” Murphy added.
“Exhibitions, conferences, meetings and corporate hospitality contributes £30.3 billion to the annual British economy and is the UK’s fifth biggest industry in employment terms, more than financial services, transport and construction and level with education. We therefore need to raise the profile of the importance of our industry and garner support from Government so that we can be more competitive in the global marketplace.”
David Pegler said that Excel London has been transformed over the last few years into a of leading international venue.
“My ambition is to make London Europe’s meeting capital with Excel playing a pivotal role in helping to achieve this,” he said. “ We have made internal changes within the business so that we have the best team in place to work with London and ensure that we meet our objectives and long term vision.”
Excel has been selected by the European Society of Cardiology for the world’s largest medical congress in 2015. The event will bring 35,000 medical professionals to the capital for the five-day event and is expected to be worth approximately £80m to the London economy. The management expects 2013 will be another record breaking year for Excel with 18 corporate and medical congresses announced.
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