Hammond, Philip - Chancellor of the Exchequer, HM Treasury - ACOBA advice
Advice to Rt Hon Philip Hammond, former Chancellor of the Exchequer for HM Treasury, on business appointments taken up after leaving Crown service.
Documents
Details
Rt Hon Philip Hammond, left his role as Chancellor of the Exchequer in July 2019.
Correspondence from Lord True, Cabinet Office
The Cabinet Office wrote to the Chair of ACOBA, in response to the Committee’s correspondence about Lord Hammond’s contact with HM Treasury on behalf of OakNorth.
OakNorth Bank
The Committee exchanged correspondence with Lord Hammond regarding his contact with HM Treasury, on behalf of OakNorth Bank in July 2020. The Committee determined this was not in keeping with its advice provided in relation to OakNorth.
Read the follow up correspondence from Lord Hammond and the Chair’s response here
An accessible version of the full correspondence is available here.
ACOBA has reported this to the Cabinet Office. An accessible version is available here
Member of the Panel of Senior Advisors, Chatham House
Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Chatham House.
The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in June 2020 and the appointment was taken up later that month.
Independent Consultancy
Rt Hon Philip Hammond sought the Committee’s advice about taking setting up an independent consultancy and taking on commissions with:
- Canary Wharf Group PLC
- Kuwait investment Office, London
- Adviser, G20
- FMA
- Nomura
- Apidae
- Purl Partnership limited. An HTML version of letter is available here
- Arora Holdings Ltd. An HTML version of letter is available here
- Davidson Kempner European Partners. An HTML version of letter is available here
- Ministry of Finance, Kingdom of Bahrain. An HTML version of letter is available here
- AP Wireless Ltd. An HTML version of letter is available here
- Ministry of Finance, Kingdom of Saudia Arabia. An HTML version of letter is available here
Co-Chair, Future Economy Surrey Commission
Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Future Economy Surrey Commission.
The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in March 2020 and the appointment was taken up later that month.
Partner, Buckthorn Partners
Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Buckthorn Partners
The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in January 2020 and the appointment was taken up later, in February 2020.
Senior Advisor, OakNorth Bank
Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with OakNorth Bank
The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in December 2019 and the appointment was taken up in January 2020.
Non-Executive Director, Ardagh Group S.A
Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Ardagh Group S.A
The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in November 2019 and the appointment was taken up later that month.
Washington Speakers’ Bureau and London Speakers’ Bureau
Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Washington Speakers’ Bureau and London Speakers’ Bureau
The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in November 2019 and the appointment was taken up later that month.
Updates to this page
Published 18 December 2019Last updated 25 November 2021 + show all updates
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Correspondence from Lord True, Cabinet Office added
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Follow up correspondence added
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OakNorth correspondence added
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Commissions added
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Roles added
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Updated appointments
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Appointment with OakNorth Bank added
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First published.