BritishAmerican Business Inc Elects New Chairman & Deputy Chairman

New York and London, October 12, 2005 — BritishAmerican Business Inc of New York and London (BritishAmerican Business), the leading transatlantic business organization has elected Graham Broyd, Vice Chairman, Royal Bank of Scotland, North American Services, as its Chairman and Daniel Glaser, Managing Director, AIG Europe (UK) Limited, as Deputy Chairman and President.

“BritishAmerican Business Inc is clearly established as the pre-eminent transatlantic business organization; and we are playing an increasingly influential role in creating the positive transatlantic business environment that is so vital for all of our companies.” said Broyd. “I am honored to have been elected BritishAmerican Business’s Chairman, and look forward to continuing to promote the growth of our organization and of our service offering to our members on both sides of the Atlantic.”

Dan Glaser added: “BritishAmerican Business sits at the heart of the transatlantic business relationship; I look forward very much to working with Graham, and our Directors, members and professional staff, to continue to build the key role that BritishAmerican Business plays in driving transatlantic business”.

BritishAmerican Business incorporates the British-American Chamber of Commerce (New York/London) and the American Chamber of Commerce (UK), which merged in September 2000 to create a single, truly transatlantic business organization.

The organization has a membership of approximately 700 companies, including many of the world’s largest multinationals, as well as business networks covering 60 other European and American cities; and leverages the strengths of its membership base and strategic position to provide a broad range of targeted services to help its members build their international business.

Graham Broyd takes over from Ian Stopps, CBE, Chief Executive of Lockheed Martin UK Ltd, who served as BritishAmerican Business’s Chairman from September 2003 to October 2005.

Additional Information:

• This Press Release - PDF
• Graham Broyd, Vice Chairman, Royal Bank of Scotland, North American Services - BritishAmerican Business Chairman - Bio PDF
• Daniel Glaser, Managing Director, AIG Europe (UK) Limited - BritishAmerican Business Deputy Chairman and President - Bio PDF