The new chairman of Business Improvement District (BID) organisation Ourburystedmunds has appealed for member firms to share their ideas on how to drive forward the town’s economy over the next five years.

Mark Daly, a partner at Greene & Greene Solicitors in Guildhall Street, Bury, has played an active role in the BID since becoming a director in 2011, including terms as company secretary and deputy chairman.

He has now been unanimously elected to take over the role of chairman from Andrew Speed, who has completed three years in the role and guided the organisation through its recent successful renewal ballot.

“The BID is a key player in ensuring Bury town centre is an attractive place to shop, work and live,” said Mr Daly, a specialist in business law.

“As we enter our second term the board and BID staff, led by chief executive Mark Cordell, will be building on the many successes of the last few years. All the directors are approachable and happy to hear from member businesses with any feedback they wish to give us or ideas we can work on, with partner agencies if necessary.”

Despite stepping down as chairman, Mr Speed will remain a director of the organisation.

Mr Cordell said: “I’d like to thank Andrew Speed for his hard work as chairman and the support he gave me and my team in the last three years.

“I’m looking forward to working with Mark Daly as we implement the business plan for the second term. The BID and Bury St Edmunds in general has a lot to look forward to.”

Since it came into effect in 2010 the BID has provided additional services and support to businesses, beyond those supplied by public authorities, including major events and marketing initiatives.