BT said Rake will bring extensive international experience to BT as it continues to expand its global business.
Rake said, “Sir Christopher Bland has done a magnificent job setting BT on a secure financial footing and developing a strategy for the future.
“I feel extremely enthusiastic about helping to build upon the success of a company that has already given Britain a position of international leadership in broadband availability, and has established itself as a world leader in networked IT services.”
Bland said, “I am delighted to be handing over the chairmanship of BT to such a distinguished international businessman.
“Michael has demonstrated outstanding leadership of a major global organisation during a time of considerable turbulence and change. I have every confidence that he will bring those same qualities of leadership to BT.”
Rake is the chairman of Business in the Community, and is on the board of the Prince of Wales' International Business Leaders Forum. He is a governor of Wellington College.
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