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Chancellor Rachel Reeves hiring one of the best investment bankers in London, the highest ranks of the treasury is in the highest ranks of the private sector practice and closes a policy on the economic growth.
Jim O’Neil, a large investment banking in the Bank of America, was named the second standing secretary in Treasury on Wednesday.
As O’Neil’s appointment concludes the industrial strategy, the government is the center of the government’s growth strategy in the following month.
“It should have been done soon,” said a government adviser.
A person near the destination has been talking to O’Neil since the election of major labor figures last July, but very “insidious”.
O’Neil, Lordon Insurance Market Lloydun Lloyd’s Lloydun Lloyd’s Lloyd’s Lloyd’s Lloyd’s Speaker Sir Charles Roxburgh, left the treasure in 2022.
The action is the establishment of the body after the state crisis in the financial crisis to manage the British financial investment in the financial investment, the establishment of the body to the public sector.
The 58-year-old investment banker, which has been in the last eight for the last eight years in Europe, Middle East and Africa, will begin in July in July.
“Wide knowledge of the private sector will be important to help convey our number one mission to grow the economy,” he said.
In December 2024, the Treasury launched an official recruitment process for the second-permanent secretary role, offers up to £ 200,000 salaries.
O’Neil, the second permanent secretary will perform different tasks to work in small, but a remittance of work to work with public expenditures and different responsibilities on international finance, growth barriers.
In a naturalized English and 2014, a new York-American banker, which is an obe for serving English banking, has accepted a treasury plan to sell its divided shares in Bofa.
Business advertising, a successful candidate “The business community will continue to understand that the business community will continue to grow together to increase the developed growth and broader priorities of the government.
In addition, the treasure was “deep finance, business, commercial and analytical experience” and this private sector and corporate financial experience was “important”.
O’Neil, former treasure minister and economist Lord Jim O’Neill, played the role of previously the main service.
The share of government’s distribution in the British Royal Bank of Scotland and Lloyds Banking, the head of the British financial investment, the United States was re-working in 2013.
“We live with a period of great change in global, stability, strength and growth, we need a more important economy,” he said.