Rod Aldridge has resigned as chairman of outsourcing giant Capita following
publicity surrounding his decision to loan money to the Labour party.
He has led Capita since it was founded in 1984.
‘There have been suggestions that this loan has resulted in the group being
awarded government contracts. This is entirely spurious,’ Aldridge said in a
He added: ‘Whilst anyone who is associated with the public procurement
process would understand that this view has no credibility I do not want this
misconception to continue.’
Aldridge was just one of a dozen millionaires named as having funded Labour’s
successful general election campaign.
A CIPFA-qualified accountant, he was heavily involved with the institute’s
computer services arm, which split off in 1984. He led an MBO of Capita in 1987.
Aldridge will remain onboard as a non-executive chairman until the group’s
interim results at the end of July, to allow for a smooth transition for a
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