Former finance minister Mathias Cormann to be next OECD Secretary General


Australia’s former finance minister Mathias Cormann has been elected as the new head of the Organisation for Economic Cooperation and Development (OECD).

The 50-year-old will become the first person from Asia-Pacific to lead the Paris-based, 37-nation organisation, and takes the role in the middle of one of the worst global recessions on record.

The climate record of Australia’s longest-serving finance minister grabbed headlines ahead of his appointment.

More than two dozen environmental groups said Mr Cormann shouldn’t have been considered for the top OECD job, citing former statements they said questioned climate change.

But Mr Cormann defended his climate record, saying: “Action on climate change to be effective, requires an ambitious, globally coordinated approach”.

A member of several Coalition governments, Mr Cormann quit parliament late last year to seek the top job.

He emerged as a surprise frontrunner, and beat out fellow top contender, Sweden’s Cecilia Malmstrom, a former EU trade commissioner.

Another eight candidates were whittled out of contention.

Morrison: Cormann will make an oustanding contribution

In a statement, PM Scott Morrison said that Cormann will make an “outstanding contribution as leader of the OECD.”

“I am delighted that the 38 member nations of the Organisation for Economic Co-operation and Development (OECD) have chosen Australia’s representative the Hon Mathias Cormann to be the organisation’s next Secretary-General,” reads the statement.

“The appointment is recognition of Australia’s global agency and standing amongst fellow liberal democracies and our practical commitment and contribution to multilateral co-operation. 

“This is a great honour for Mathias who has worked tirelessly over several months to engage with leaders, senior ministers and officials of OECD member nations from Europe, Asia and the Americas. This is the most senior appointment of an Australian candidate to an international body for decades.

“Australia overcame great odds for Mathias Cormann to be successful in the contest, which comprised nine other high calibre candidates, including six from Europe. 

*With information from the ABC and The Sydney Morning Herald




By subscribing you accept our Terms of Service and Privacy Policy.


Latest News

Cypriot communities across Australia and NZ gather for 51st Annual Conference

On Friday, May 24, the Federation of Cyprus Communities and Organizations of Australia and NZ officially inaugurated its 51st Annual Conference following a four-year...

Three generations of Pontians raise funds to preserve their ‘second home’ in Sydney

Three generations of proud Pontians supported Pontoxeniteas NSW's 'Winter Wonderland Fundraising Gala' for its 45-year-old Pontian House.

6th Annual Breakfast for Brain Cancer in Sydney: A morning of hope and progress

The White Pearl Foundation hosted its 6th Annual Breakfast for Brain Cancer in Sydney in support of The Brain Cancer Group.

Melbourne’s Greek community gathers to commemorate the Battle of Crete

Melbourne's Greek community gathered at events over the weekend to commemorate the 83rd anniversary of the Battle of Crete.

International conference brings Darwin to Greece and the world

The 4th International Conference on the Hellenic Diaspora begins on May 31 at Charles Darwin University’s (CDU) Casuarina campus.

You May Also Like

‘Bridging the gap’: Maria Anthony on the importance of intergenerational programs

Maria Anthony implements intergenerational programs which ‘bridge the gap’ between the young and elderly, and bring joy into their lives.

Health minister affirms Greece shielded against coronavirus

The Greek authorities have taken every measure to protect the country against the spread of the new coronavirus, Health Minister Vassilis Kikilias said on Monday, as the death toll in neighbouring Italy climbed to five.

Perth commemorates 79th anniversary of the Battle of Crete in private ceremony

The 79th anniversary of the Battle of Crete was commemorated on Monday, May 25, with the Holy Archdiocese of Australia and the Greek Consulate in Perth.