Enterprise Minister Arlene Foster paid tribute to Invest NI’s Chairman, Stephen Kingon following his announcement to resign.
Mr Kingon has announced his resignation before the end of his second term as Chairman of Invest NI to allow the appointment of a new Chairman to take forward the economic priorities that will be identified in the Northern Ireland Executive’s new Programme for Government.
The Minister said: “Stephen Kingon has made a significant contribution to the success of Invest NI during a particularly challenging economic period.
“Throughout his term as Chairman he has shown strong leadership in response to the economic downturn and the Independent Review of Economic policy. I am grateful for his dedicated service over the past five years as a Board member and Chairman.”
Arlene Foster continued: “Mr Kingon’s decision to go now will allow the timely appointment of a new Chairman to take forward the new economic strategy and the NI Executive’s new Programme for Government. It will also allow the new Chairman to take ownership of Invest NI’s four year corporate plan.”
The Minister concluded: “The appointment process will begin immediately and Stephen Kingon will remain in post to affect a smooth handover to his successor.”
The advertisements to recruit a new Chairman of the Board of Invest NI will appear this week.