The Department for Digital, Media, Culture and Sport has confirmed Richard Sharp has been officially appointed as the new chair of the BBC following Privy Council approval.
Sharp was nominated for the role in January.
He officially took over the role from David Clementi on 16th February, with his term due to run until 15th February, 2025.
Sharp was first tipped as the main contender for the post in October. He was chancellor Rishi Sunak’s boss while at Goldman Sachs and was also an adviser to prime minister Boris Johnson during his time as London mayor.
He took an unpaid role advising the Treasury when the coronavirus pandemic hit, and played a part in organising the £1.5 billion arts bailout and a £500 million insurance deal to help TV production restart.