CBI easily wins members’ vote of confidence on restructuring plan

The crisis-hit CBI business lobby group has comfortably won a vote of confidence from its members, which its leaders hope will pave the way for ministers to restart their relationship with the organisation.

The CBI, which has been suspended by government ministers amid allegations of sexual and other misconduct, said on Tuesday that the vote had resulted in a 93-7 percent majority.

Members were asked to vote on whether the CBI’s planned leadership, governance and cultural overhaul gave the organization confidence.

A total of 371 votes were cast with 23 abstentions, according to the CBI. It was not disclosed how many members were eligible to vote, so it was unclear how many CBI member companies and trade associations did not cast a vote.

The vote followed 12 weeks of turmoil at the CBI after allegations of sexual and other abuses at the agency, including two allegations of rape, were revealed in the Guardian and are now under police investigation.

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Source: https://www.ft.com/content/80319ff7-168a-4942-9c9c-7d06e5786609