The Black Country Chamber of Commerce’s chief executive, Margaret Corneby, has announced she is to step down from her role.
Ms Corneby, who took up the role in autumn 2009, said: “I am very proud of what I have achieved. When I took over, the chamber had been making regular financial losses. Now it has almost £1.5 million in reserves.
“In 2009, the Black Country Chamber of Commerce was very much in the shadows, unknown amongst wider stakeholders and Black Country businesses.
“I have taken the chamber through the worst recession we have ever faced and now, we not only stand forthright in representing Black Country businesses, we are the centre of the network of West Midlands chambers and indeed the national network through British Chambers of Commerce.
“We have made many changes - our governance, our renewed focus on membership and growth and our relocation to the heart of a business community at the University of Wolverhampton Science Park.”
Wishing well to her eventual successor, Ms Corneby added: “At our AGM I talked about how we have strengthened our board and how we need to address the challenges to deliver our aim.
“Although the skills I brought to the table were a strong match for our needs at the time, going forward I believe the new CEO will need the flair and imagination to invest our resources to reach our aim.
“I have really enjoyed working with my team, my board, my West Midlands chamber colleagues and the national network of chamber chief executives and look forward to hearing about our continued success.”