Tony Danker launches ‘Growth Incorporated’ following CBI departure settlement

In a move signalling his return to the business arena, Tony Danker, the former director-general of the CBI embroiled in a workplace misconduct controversy, has unveiled his latest venture.

After finalising a legal agreement with the business advocacy group last week, Danker, 52, has taken the helm of a newly established entity named Growth Incorporated.

Officially registered at Companies House in December, Danker positions himself as an entrepreneur within the company’s structure, which is poised to offer growth-oriented solutions to businesses.

Danker’s departure from the CBI last April, amidst allegations of misconduct, paved the way for Rain Newton-Smith, 48, to assume the director-general role. The transition followed an investigation into separate misconduct claims, distinct from the serious allegations of sexual misconduct and rape that surfaced in The Guardian and threatened the organization’s stability.

Expressing discontent at being thrust into the spotlight during the tumultuous period at the CBI, Danker lamented the tarnishing of his reputation and claimed he bore the brunt of the organization’s broader crisis.

Following his departure, Danker pursued legal action, preparing for both an employment tribunal for unfair dismissal and potential High Court proceedings for wrongful dismissal. However, the recent undisclosed settlement with the CBI signifies a notable shift, with the organisation explicitly dissociating Danker from historical allegations predating his tenure.

Prior to his leadership role at the CBI, Danker’s career trajectory included serving as a special adviser to the Treasury during the financial crisis and spearheading initiatives such as Be the Business—a government-backed endeavor focused on enhancing UK productivity.

With a background encompassing senior positions at Guardian Media Group, Danker has gradually embarked on rebuilding his professional standing. His recent contribution to Prospect magazine, analyzing the economic potential of Labour under Sir Keir Starmer, underscores his ongoing engagement in economic discourse.

Meanwhile, the CBI continues its efforts to restore its stature as a preeminent business advocacy entity. In the wake of the scandal, which prompted the departure of key corporate members and necessitated significant organizational restructuring, the organization remains committed to rebuilding trust with stakeholders.

Rupert Soames, the newly appointed head of the Confederation of British Industry (CBI), voiced concerns over the organisation’s survival in the wake of the recent controversies.

Soames acknowledged the “reputational disaster” that has rocked the CBI following allegations of rape and sexual assault, leading to the departure of several prominent members such as John Lewis and BMW.

Although the City of London police’s investigation into serious misconduct allegations surrounding the CBI persists, recent updates indicate a reduction in active cases, marking a potential turning point for both Danker and the organization he once led.

Source link

Like it? Share with your friends!

What's Your Reaction?

hate hate
confused confused
fail fail
fun fun
geeky geeky
love love
lol lol
omg omg
win win


Your email address will not be published.

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Voting to make decisions or determine opinions
Formatted Text with Embeds and Visuals
The Classic Internet Listicles
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Upload your own images to make custom memes
Youtube and Vimeo Embeds
Soundcloud or Mixcloud Embeds
Photo or GIF
GIF format