Alistair King, the new Lord Mayor, emphasizes that the role is not merely ceremonial, stating, 'There is no way I'd be doing this role if it was a largely ceremonial role.' He aims to leverage his position to build British trade and promote the UK’s financial services globally.
Mr. King plans to spend nearly a third of his year visiting high growth markets abroad, highlighting the importance of creating British jobs in global financial sectors. He notes, 'We are really good at what we do and I think it's wonderful to be able to go out there and bang the drum about it all.'
Reflecting on the historic significance and the evolving role of the Lord Mayor, Mr. King states, 'You're the global ambassador for the United Kingdom's financial professional services,' reinforcing his role in promoting Britain's financial prowess internationally.
The new Lord Mayor also acknowledges the broader representation aspect, recognizing that he is 'the titular head for the 2.4 million people who are working in financial professional services,' ensuring that the position encompasses all regions, not just London.
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