The UK government on Wednesday chose a new BBC chairman after the previous incumbent was forced to quit earlier this year over a loan to then-prime minister Boris Johnson.
Rishi Sunak-led Conservative government named veteran TV executive Samir Shah as its choice to replace Richard Sharp, who stood down in April, as head of the publicly funded broadcaster.
His appointment will almost certainly be ratified by a parliament committee and comes at a crucial time for the BBC, which is facing increased funding pressures.
Shah’s career started at London Weekend Television in 1979 and since then he has held positions as head of current affairs television at the BBC and was responsible for the BBC’s political journalism across all radio and television.
The corporation is currently looking to make £500 million in savings and recently announced cutbacks to its flagship “Newsnight” program.
Shah, 71, will be tasked with negotiating with the government an increase to the license fee, which is where the BBC gets most of its funding.
UK media reported recently that Prime Minister Rishi Sunak plans to block a nine percent increase in the annual fee, which is currently £159 ($200) per household.
Shah has worked in television for more than 40 years and has held several roles at the BBC, including as head of current affairs.
He said in a statement that he was “delighted” to have been named the government’s preferred candidate.