Sir Paul Judge, who led the buyout of Premier Brands, is the new president of the Chartered Management Institute.

Sir Paul succeeds Gordon Page to become the organisation's 29th President since it was founded as the British Institute of Management in 1947.

Sir Paul's previous roles include director of Cadbury Schweppes, chairman of Premier Brands, chairman of Food from Britain, director general of the Conservative Party and ministerial adviser at the Cabinet Office.

On becoming president of the Institute, Sir Paul said he was "delighted and honoured" with his new post.

He is currently a director of Standard Bank Group Ltd of Johannesburg, of Tempur-Pedic International Inc of Kentucky and of Schroder Income Growth Fund plc.