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Celtic chairman to step down

Mon 6th Jun 2011 | Clubs Ownership

Celtic Football Club have confirmed that current chairman, Dr John Reid, will be stepping down as chairman and as a director at the company’s annual general meeting later this year.

Ian Bankier is joining the board as a non-executive director and as chairman designate.

Dr Reid said: "It has been an honour to have been chairman of this great club for the past four years.

“I will always be grateful for the support, encouragement and friendship I have received from Dermot Desmond and my colleagues on the board, the management and staff and, above all, the greatest supporters any club chairman could wish. That is something I will forever value."

Mr Bankier said: "I was brought up in Glasgow, and have spent much of my career here and in Scotland. As a long-standing supporter of the club I feel very privileged to be invited not only to join the board of Celtic, but later to become its chairman. I am looking forward to it tremendously and hope that my own contributions to the future success and well-being of this extraordinary club will be as positive and beneficial as those of my predecessors."

Ian Bankier is executive chairman of Glenkeir Whiskies Limited, a company he substantially owns. Glenkeir operates The Whisky Shop chain - the UK’s largest specialist retailer of whiskies. 

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