London 2012 sponsors head to Olympic Stadium

A joint press release from Deloitte and Think London

Chairmen and senior executives of the businesses sponsoring London 2012 will gather today at the Olympic Stadium in Stratford for the second annual meeting of the Chairman's Club. They will explore ways in which the sponsors can help shape the business legacy of the Games, looking at the power of the Olympic and Paralympic Games to accelerate UK business performance.

Bringing together businesses with a combined global turnover in excess of $900 billion and employing over 2 million people, the Chairman’s Club is the network for Global Olympic Partners, London 2012 Official Partners and Official Supporter organisations, supporting the delivery of the 2012 Games. Today’s session is one of a series of Chairman’s Club events which will be co-ordinated and led by Deloitte and Think London in the run up to London 2012.

The Chairman’s Club members have been working collaboratively over the last year to bring their combined business acumen to cross-sector opportunities and challenges around Talent, Sustainability and Corporate Responsibility.

John Connolly, Chief Executive and Senior Partner at Deloitte, will chair the event. He commented: "The Chairman's Club is an important opportunity for senior business leaders to discuss issues affecting sponsors' businesses now and in the future. The commercial partners of the London 2012 Games are focusing their energy on the positive impact the Games can make on the UK economy.

“We believe the London 2012 Games will boost the UK economy and public sentiment as we emerge from recession, and we plan to be in the vanguard of that movement. Each of us has specific plans for delivering the benefits of the Games to our customers, our employees and the wider community.

“Through the Chairman’s Club we’re harnessing our combined power and scale to contribute insight and ideas on delivering the Games, and to promote positive and sustainable economic progress. That’s why today’s discussions are focussed on how we can use our involvement in the Games to drive innovation and accelerated business performance – developing opportunities and approaches that will become a core part of the business legacy from London 2012.”

Michael Charlton, Chief Executive of Think London, said: “It is vital that London grasps the opportunity presented by the staging of the 2012 Games to continue as a centre for international business. The Games have not only created new investment opportunities right now, but also opportunities for returns on investment that will extend well past 2012. As the collective business voice behind the 2012 Games, the Chairman’s Club will play an important role in ensuring a lasting business legacy.”

London 2012 Chairman, Lord Coe, commented: “Today’s meeting brings together some of the most powerful and influential people in business. They have committed to using their expertise and involvement with the Olympic Games and Paralympic Games to ensure that there is a tangible business legacy from hosting the Games. This group is also a fantastic resource for us – their collective experience and knowledge covers a wide range of sectors and interests and I’m looking forward to the discussions ahead

This gathering of the Chairman’s Club will not only be a chance for members to network at the most senior level, but also to see firsthand the progress on the centrepiece for London 2012 – the Olympic Stadium.

The club is open to chairmen and chief executives of the global Olympic Partners, and London 2012 Official Partner and Official Supporter organisations. Membership of the club is expanding as more sponsors are brought on board.

As well as the sponsor Chairmen, attendees at this year’s Chairman's Club meeting include Lord Coe, The Rt. Hon.Tessa Jowell MP, Mayor Boris Johnson, Paul Deighton, Chief Executive Officer of the London Organising Committee of the Olympic Games and Paralympic Games (LOCOG), and Michael Charlton, Chief Executive of Think London, the official Foreign Direct Investment Agency for London.

About Deloitte
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms. Deloitte LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein, whose member firms are legally separate and independent entities. Please see www.deloitte.co.uk\about for a detailed description of the legal structure of DTT and its member firms.

The information contained in this press release is correct at the time of going to press.

Deloitte is the Official Professional Services Provider to LOCOG. Its role is to tackle the business complexities of the Games by delivering advisory services at the heart of the plans for London 2012.

Seconded to positions on the ground across LOCOG's organisation, Deloitte's employees are working with LOCOG to stage a truly memorable Games and leave a lasting legacy long after the summer of 2012.

About Think London
Think London is the foreign direct investment agency for London. They connect international businesses to London, helping them set up, succeed and grow. Think London is a not-for-profit, private-public partnership delivering expertise and advice to international businesses. The service is completely free, comprehensive and confidential and their experts work with government and the business community to help companies access the best people, places and opportunities in the city. Think London’s principal funding partners are the London Development Agency and a network of Commercial Partners. Other key partners are the City of London Corporation, which also provides funding, UK Trade & Investment and the business community through London First.

For more information, please visit the website at http://www.thinklondon.com

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