Brian McBride told members that he was unsure whether the lobby group could have avoided collapse if it had run a lengthy process to find a successor to Tony Danker, Sky News learns.
However, a number of CBI members raised questions about its board's approach to tackling the crisis.
A timeframe for the conclusion of that investigation has yet to be disclosed, raising renewed questions about the CBI's effectiveness given that it has been frozen out by the government while the inquiries continue.
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