Martin, who replaces Lord Levene, will formally take up the 12-month position on 12 November. He will be responsible for leading the City into the new millennium and promoting it as a financial centre. He will also be the first Lord Mayor to work alongside the new elected mayor for London. 'I am going to have my hands full with the introduction of the Financial Services and Markets Bill and the new millennium,' he said. 'The City is the place to work. We have sensible regulation, all the necessary resources and I'm sure the City will continue to get bigger and better. The financial services industry is vital to the economy,' he added. With a successful career in publishing and printing, Martin has occupied several positions within the City of London, including vice-chairman of the City of London Magistrates Court from 1993 to 1996 and sheriff from 1996 to 1997. A long-serving military serviceman, Martin qualified with CIMA in 1971 and has since become a fellow. He is currently the chairman of MPG, formerly known as Staples Printers.
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