Sir Danny Alexander poised for Bejing move
THE former chief secretary to the Treasury and Inverness MP Sir Danny Alexander is set to take up a lucrative banking position in China.
Mr Alexander had held the Inverness, Nairn, Badenoch and Strathspey seat for a decade before he was ousted in last year’s General Election.
The SNP’s Drew Hendry overturned the 8,765 Liberal Democrat majority with his own majority of more than 10,000.
Now it is understood Mr Alexander will take up a senior position at the new Asian Infrastructure Investment Bank, (AIIB), after being nominated by his former colleague at the Treasury, Chancellor George Osborne.
AIIB is China’s equivalent of the Washington based World Bank. Both Britain and Germany are represented on the bank’s board. Mr Alexander, 43, is tipped to become one of its vice-presidents.
It is thought the UK will represent a non-eurozone constituency on behalf of a wider Europe, while Germany will represent the single currency.
