Leading lobby group, the CBI, seeks to extend president's stay to help see its members through Brexit

Hayley Kirton
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Paul Drechsler is the president of the CBI (Source: Getty)

An influential pressure group is looking to extend its president's term beyond the usual two years so he can help guide its members through Brexit.

Sky News reported the Confederation of British Industry (CBI) has written to its members to inform them it is seeking to change the bye-laws of its Supplemental Royal Charter to allow president Paul Drechsler to serve for three years until the summer of 2018.

The change will require the approval of CBI members at an extraordinary general meeting and would then have to be ratified by the Privy Council.

Insiders also told Sky News the move is expected to be formally announced tomorrow.

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