Ex-Tory minister to head new Government body to bring tech to market faster
Lord David Willetts has been confirmed as the first chairman of the Regulatory Innovation Office.
A former Conservative minister has been confirmed as the first head of a new Government body designed to being new technologies to market faster.
Lord David Willetts has been confirmed as the first chairman of the Regulatory Innovation Office (RIO).
The organisation was launched in October and is intended to reduce the burdens for businesses looking to bring new products and services to the market.
Lord Willetts said he is “honoured” to take on the role and hailed the “exciting opportunity to shape regulatory approaches that empower new technologies”.
Drones could also be looked at in relation to other industries such as faster delivery of packages or groceries.
Lord Willetts served as the MP for Havant from 1992 to 2015, and was paymaster general for a time under Sir John Major, before returning to the government as universities and science minister in Lord David Cameron’s administration.
Science and Technology Secretary Peter Kyle said: “Lord Willetts brings the expertise and leadership experience that will be key to streamlining innovation and unapologetically unleash the innovation that we know can improve lives.
“By shaping regulatory approaches in key sectors – from drones that could deliver everything from groceries to medicines through to AI-powered tools speeding up NHS diagnoses – the Regulatory Innovation Office will be a central thread running through this Government’s mission to improve lives, create jobs, and drive the economic growth across the country that is central to our Plan for Change.”
