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The Business Magazine May 2024
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Innovate UK appoints new CEO

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Indro Mukerjee has been appointed the new CEO of Innovate UK, the UK’s innovation agency.

Indro Mukerjee is a highly experienced technology executive and business leader with a track record of leading innovation and technology commercialisation at businesses of all sizes across the world. He has led publicly listed and multinational corporations to new venture and private equity backed technology companies.

Indro will take up the post immediately and will be tasked with transitioning Innovate UK from a grant funding body to an agency focused on driving economic growth. It will work with companies to de-risk, enable and support innovation, while unleashing private sector investment into research and development.

As part of this, he will develop and implement strategies for investments that promote the UK as a global leader in research and development (R&D) and technologies of the future. This will help cement the UK’s place as a global science superpower.

Business Secretary Kwasi Kwarteng said: "I want innovation to be at the heart of our efforts to build back better, and to achieve this we need strong leadership from experienced innovators, with business know-how, who can help unleash the UK’s vast scientific and technological potential.

Along with his passion for science and technology, Indro boasts impressive credentials having worked at the top tier of businesses of all sizes and across different industries. I look forward to working closely with him at the helm of Innovate UK, which will be a crucial vehicle in accelerating business-led innovation and technology, driving economic growth, creating high-value jobs and cementing the UK’s status as a science superpower.

I also want to take this opportunity to pay tribute to Indro’s predecessor Ian Campbell, who has left a fantastic legacy at the organisation to build upon in the years ahead.

Indro said: "Throughout my career, I have had a strong personal passion for the journey from scientific discovery through to innovation and ultimately commercialisation of technology. I have seen that journey at first hand across many settings, industries, countries and types of business. I will use this experience as I lead Innovate UK and work with the Secretary of State to deliver the government’s innovation strategy."


Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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