Conservative peer replaces Jesse Norman in the role
Former Lehman Brothers associate Lord Prior has been appointed by the government as its new construction minister.
The Conservative peer (pictured) replaces Jesse Norman, who moves on after less than six months in the role to become energy minister.
Lord Prior was appointed under secretary of state at the Department for Business, Energy and Industrial Strategy (BEIS) last month.
He was an MP for North Norfolk between 1997 and 2001, and has held a number of jobs outside of politics, including a senior executive role at British Steel.
Lord Prior’s responsibilities will include infrastructure, construction, professional services, the rail supply chain, and the defence and maritime sectors.
Industry figures have reacted positively to Lord Prior’s appointment.
Brian Berry, chief executive of the FMB, said: “We welcome the appointment of Lord Prior, whose combination of political and professional experience should leave him well placed to forge the strong, collaborative relationship that is needed between industry and government.”
CECA head of external affairs Marie-Claude Hemming said: “Industry looks forward to working collaboratively with Lord Prior to ensure there is no let-up in delivering the schemes that will secure the UK’s economic growth.
“Lord Prior brings extensive experience from the private sector and Parliament, as well as legal expertise, to the role.”