George Osborne to take on advisory role at asset management firm

Written by Liam Kirkaldy on 20 January 2017 in News

The former Chancellor of the Exchequer, who is still a sitting MP, will take on the role from the start of February

George Osborne - credit: Press Association

Investment management firm Blackrock has announced former Chancellor George Osborne will become senior adviser to its investment institute.

The former Chancellor of the Exchequer, who is still a sitting MP, will take on the role from the start of February.

Stressing that he will not be involved in lobbying activity, the investment manager said Osborne brings “a unique and invaluable perspective on the issues that are shaping our world today”.


RELATED CONTENT

Philip Hammond to ditch George Osborne’s plans for a budget surplus by 2020

EXCLUSIVE: RBS looks to EU banking licenses amid Brexit uncertainty


Osborne will advise the firm’s investment institute on European politics and policy, Chinese economic reform and the impact of low yields and longer life expectancy on retirement planning

Blackrock says the Institute aims to help “portfolio managers become even better investors and to produce thought-provoking investment content for clients and policymakers”.

Bloomberg reports that BlackRock recruited Osborne’s former aide, Rupert Harrison, to become chief macro strategist in 2015.

Osborne was Chancellor from 2010-2016.

Tags

Categories

Related Articles

Banks have failed to engage with communities over branch closures, MSPs warn
3 July 2018

The Economy, Jobs and Fair Work Committee found that branch closures were hitting the most vulnerable, with MSPs warning that alternative options to face-to-face banking have not been adequate

Interview: Keith Brown on being elected SNP depute leader
21 June 2018

Exclusive interview with the SNP’s new depute leader on the Growth Commission report, indyref2 and how he interprets his role

 

Promote the aquaculture industry to school leavers and graduates, urges HIE
23 May 2018

Highlands and Islands Enterprise highlights a gender imbalance in both the industry and education system, as well as an ageing workforce

Employment in Scotland at record high
22 May 2018

Statistics show that in 2017, 2,618,100 people were in employment, with the employment rate at 74.3 per cent

Related Sponsored Articles

Share this page