Kees position

ONE of the most sensitive jobs in the business world is shortly to be advertised, as the EC Commission seeks a successor to Andreas Kees, secretary of its monetary committee who is to retire shortly.

The new secretary must maintain the strict wall of secrecy surrounding the committee, which comprises central bankers and treasury officials and meets to determine the fate of currencies in the exchange rate mechanism. Timings and locations of the meetings are rarely dislosed while even greater secrecy is applied to emergency sessions, such as the one last weekend to devalue the Liberty staff cut