Lawson up for plum OECD job
Tuesday 01 February 1994
Such was the job description Lord Lawson of Blaby, the former Chancellor of the Exchequer, was pondering last night after his name was put forward to be the next secretary-general of the Organisation for Economic Co-operation and Development, the Paris-based economic think-tank for the world's richest nations.
He was put forward by the Government yesterday as a candidate to replace Jean-Claude Paye, the Frenchman who has fronted the organisation for 10 years. Mr Paye's successor is likely to be named for a five-year term at the OECD's annual meeting in June. The Government would hardly have leaked the Lawson candidacy without having secured high-level support, notably from the United States.
Lord Lawson is believed to have coveted a top international position for some time and was passed over as President of the European Bank of Reconstruction and Development after Jacques Attali resigned. The job went to Jacques de Larosiere, former Governor of the Banque de France. Another Frenchman heads the International Monetary Fund and diplomats were determined to resist the appointment of a third to the OECD.
The OECD position is certainly a plum job. On top of the tax-free salary of pounds 125,000, there is an impressive apartment in the chic Avenue Henri Martin, car, expense account and an expatriation allowance of some 19 per cent of basic salary.
Since resigning from the Government in 1989, Lord Lawson has taken City jobs including a lucrative consultancy at the investment house BZW, where his fee was upwards of pounds 100,000.
Whoever lands the OECD job will preside over the enlargement of membership. Mexico has just joined the club of 24 rich countries and South Korea, Hungary, Poland and the Czech Republic are knocking at the door.
'Nigel Lawson has the right skills and experience to take the organisation forward,' said a Treasury spokesman. He also speaks very good French.
- 2 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 3 Russian officials ban yoga because it's too much like a religious cult
- 4 German ethics council calls for incest between siblings to be legalised by Government
- 5 Ginger Pride festival to take place next summer, organisers say 'time of bullying gingers is over'
Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
German ethics council calls for incest between siblings to be legalised by Government
People are American flagging their Facebook profile pictures in response to those rainbow flagging them
Ginger Pride festival to take place next summer, organisers say 'time of bullying gingers is over'
Historic meeting between Pope Francis and Russian Orthodox head 'getting closer'
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Pentagon accuses Russia of 'playing with fire' over nuclear threats towards Nato
They are neither a 'state' nor 'Islamic': Why we shouldn't call them Isis, Isil or IS
£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....
£18000 - £24000 per annum: Recruitment Genius: An exciting opportunity has ari...
£15000 - £18000 per annum: Recruitment Genius: An On-line Sales & Customer Ser...
£15000 per annum: Recruitment Genius: One of the largest hospitality companies...