Business

Former Barclays executive appointed UK exports chief

A former Barclays corporate banking executive has been appointed as Britains export chief by Liam Foxs Department for International Trade.

A formal announcement is expected today confirming John Mahon will hold the new position of director general for exports.

“I am delighted to welcome John as our first director general for exports,” said Fox.

“With the IMF predicting that 90 per cent of global growth will come from outside the EU, his role will be key to helping UK businesses unlock opportunities around the world. Johns banking expertise will help us build the worlds best international economic department as we develop our own independent trade policy for the first time in more than 40 years – making the UK a global trading nation once again.”

It is understood that an internal announcement of Mahons appointment was made yesterday, Sky News first reported.

Mahon will report to Antonia Romeo, the departments permanent secretary, and will be charged with devising an exports strategy ahead of trade negotiations.

[contf]
[contfnew]

CityAM

[contfnewc]
[contfnewc]

Related Articles

Business

Pressed by COVID-19 and low oil prices, Nigeria slips into recession

africanews– Nigeria, Africa’s biggest economy, entered recession for the second time in...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting

Last week, US President Donald Trump signed an executive order aimed at...