Mike Ralston has announced he will retire as president of the Iowa Association of Business and Industry at the end of the year.

In a news release announcing his retirement, Ralston said it’s been a privilege to lead ABI and advance its mission to “advocate for a productive business climate, encourage our state’s businesses to work together and to provide education and training to Iowa businesses.”

“I am proud to leave ABI in a position where it can continue to build on our previous successes and help businesses in our great state flourish,” he said in a prepared statement.

Ralston has served as ABI’s president since 2005.

Under his leadership, ABI has seen significant growth in membership and revenue, expanded its programs and publications, and enhanced services for members, according to a news release from ABI. In addition, attendance at ABI’s annual signature event, the Taking Care of Business Conference, has more than quadrupled during his tenure.

“I feel incredibly fortunate to have been able to join an organization that is dedicated to giving a unified voice to the businesses of Iowa,” said Ralston in the prepared statement. He also serves on numerous state and national business and economic boards.

Chad Reece, ABI chair and vice president for government and industry relations at Winnebago Industries, said ABI underwent “unprecedented transformation” under Ralson’s leadership.

“Under his leadership, ABI went through a period … of innovation and growth, creating powerful resources and the platform for businesses to collaborate and grow together,” Reece said in a prepared statement.

The development of ABI”s “first-class” staff is part of Ralston’s legacy, Reece said. “With this dynamic and talented team, ABI can continue to deliver great value and service to its members for years to come.”

According to the news release, ABI has started a search for a new president, evaluating both internal and external candidates.