Broadbent, a former banker, has been in the post since January 2000 and during his time in charge, implemented a number of management and strategic changes, including strategies to reduce tax fraud and associated tax strategies.
According to the government, these led to an increased yield of £1bn in additional revenues.
Mike Eland, director general of business services at Customs, and a barrister, will take over as acting chairman when Broadbent goes until a permanent successor is announced.
On making his decision to leave, Broadbent said: ‘After three-and-a-half years, it is time to make way for a successor. I have enjoyed, learnt from and valued my time in Customs and Excise, which is a first-class organisation.
‘My next step is in the private sector but I have made it clear that I am happy to contemplate returning to the public sector at a later date. I would like to thank everyone for their work.’
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