Tech Executives to Advise London Mayor on Post-Brexit Economy

Five tech executives, including a high-level official at Facebook Inc., will advise London Mayor Sadiq Khan on how to bolster the city’s economy following the United Kingdom’s vote to leave the European Union.

Khan announced the 16-member Business Advisory Board on Monday at Bloomberg’s UK Investment Summit and said he will work with the panel to “strengthen London’s shield against the expected blows from Brexit.”

The advisers will meet with the London mayor at least four times a year — timing for leaving the EU remains uncertain — to give insight on the impact of economic conditions and broader policy decisions on business in London, according to a release from the mayor’s office.

The tech members on the panel include Nicola Mendelsohn, Facebook’s vice president of Europe, the Middle East and Africa, and Debbie Wosskow, the chief executive and founder of Love Home Swap, a home-sharing service similar to Airbnb.

London “is the home of the sharing economy, has fostered an environment for many entrepreneurs to setup and grow businesses, and with the help of the mayor, it is now on a mission to be a fairer capital by supporting initiatives that make the UK the best place in the world to be a female entrepreneur,” Wosskow said in a statement.

The other tech members on the panel are Kathryn Parsons, chief executive of tech education firm DeCoded; Sarah Wood, chief executive of video ad tech company Unruly; and Omid Ashtari, general manager at Citymapper.

While the impending Brexit has worried business and government leaders, Facebook last week announced its intentions to hire 500 more employees at its new London headquarters next year, the BBC reported. That move would double the company’s headcount in the UK.
Morning Consult