- Bloomsbury has appointed Sir Richard Lambert as non-executive chairman with effect from 18 July.

Bloomsbury said he had been appointed for a four-year term and would takeover from Sir Anthony Salz who, as previously announced, would retire from the board at the end of his term at the annual general meeting.

Bloomsbury said the appointment reflected the non-executive rotation policy in the 2016 annual report that ensured a steady inflow of insights from other organisations as the group grew.

It said he was selected after a rigorous search process involving an external agency led by the senior independent director, John Warren.

Bloomsbury said: "Sir Richard Lambert is chairman of the British Museum.

"He is also a member of council for Chatham House, the Royal Institute of International Affairs.

"Sir Richard joined the Financial Times after reading history at Balliol College, Oxford.

"He was editor of the Lex column, became New York bureau chief, and thereafter deputy editor.

"He was Editor of the Financial Times from 1991 to 2001.

"He has served as a member of the Bank of England monetary policy committee from 2003 to 2006, director-general of the CBI from 2006 to 2011, interim chairman of The Banking Standards Review Council from 2013 to 2014, chancellor of the University of Warwick from 2008 to 2016 and the senior independent member of the Foreign and Commonwealth Office's supervisory board from 2012 to 2017."

At 9:49am: [LON:BMY] Bloomsbury Publishing PLC share price was +2p at 164.25p

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