Summary of business appointments applications - Rt Hon Sir Danny Alexander
Published 10 February 2016
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Rt Hon Sir Danny Alexander left his role as Chief Secretary to the Treasury in May 2015.
1. Vice President and Corporate Secretary, Asian Infrastructure Investment Bank
Sir Danny sought the Committee’s advice about an appointment as Vice President and Corporate Secretary of the Asian Infrastructure Investment Bank (AIIB).
The Committee noted that the AIIB is a newly created multilateral development bank with a focus on investment in infrastructure in Asia. They took into account that the UK Government actively supports the AIIB, is a shareholder and was one of its founding members. Bearing this in mind, and taking into account the views of Sir Danny’s former department, the Committee believes that the usual lobbying ban for former Ministers should be waived in this case.
The Committee advised Sir Danny that it could see no reason why he should not take up this appointment, subject to the following condition:
- That he should not draw on (disclose or use for the benefit of himself or the organisation to which this advice refers) any privileged information available to him as a Minister.
The Committee sent its advice letter to Sir Danny in February 2016 and the appointment was announced that month.
Lord German recused himself from this application.