October 31 2014 Latest news:
Friday, February 21, 2014
Andy Wood, who has led the Local Enterprise Partnership for Suffolk and Norfolk since its inception, is to stand down after completing a three-year term of office.
Dr Wood, chief executive of Southwold-based Adnams, has played a leading role in the development of the New Anglia Local Enterprise Partnership (LEP), which has been recognised by the Government as one of the best performing LEPs in the country.
Under his leadership, the LEP has secured more than £44million of Government funding to support business growth. It has developed an Enterprise Zone for Great Yarmouth and Lowestoft, been the only LEP to negotiate two City Deals − for Ipswich and Norwich and Ipswich − and been chosen by Government to be the lead LEP on the development of the green economy.
“It has been a privilege to be the inaugural chairman of New Anglia Local Enterprise Partnership,” said Dr Wood.
“When I was asked to take the role I was clear that the work of the LEP had to be about creating jobs in Norfolk and Suffolk and creating economic growth. I am encouraged that with the support of an incredibly hard working team and talented partners we have done just that.
“There is much more to do and even though I will remain on the board and will continue to play an active part in the work of New Anglia, it is time for someone else to lead the LEP into its next important chapter.”
The LEP board has unanimously agreed to appoint Mark Pendlington, executive director of Anglian Water, as its new chairman.
Dr Wood will remains as chairman until the end of March, with Mr Pendlington chairman designate for that period of time. Dr Wood will remain on the LEP board and will chair the LEP’s new Industrial Skills Board, one of the key elements of the Ipswich and Norwich City Deals.
Mark Jeffries, New Anglia LEP vice-chairman and senior partner of Mills & Reeve, said: “The board wishes to place on record its sincere thanks and gratitude to Andy Wood. He has been an inspirational first chairman. So much of what the LEP has achieved is down to him, his hard work and the generosity of his time.
“I and fellow members are delighted he is remaining on the board and taking on the skills remit which is a particular passion of his. I am delighted that Mark Pendlington has agreed to succeed Andy. His commitment to the LEP has been tremendous over the past couple of years particularly representing the LEP on the green economy and transport.”
Mr Pendlington said: “I am absolutely delighted to be asked by the LEP Board to succeed Andy and to have the opportunity to help build on all that he has achieved in the past three years.
“Across Norfolk and Suffolk the economy is being transformed, and the LEP is at the forefront of driving growth and opportunity locally, as well for UK plc. We are proving that business leaders and the public sector working together are a force to be reckoned with and I am really looking forward to leading the next exciting phase of our future plans.”
Mr Pendlington will set out his plans as the new chairman of New Anglia LEP once is he is formally chairman in April.
New Anglia is one of 39 LEPS established by the coalition Government as a catalyst to create jobs and remove the barriers to business growth. Its board consists of 14 members, including representatives from local authorities, one from the college/FE sector and seven from the private sector.