He built a career at Goldman Sachs based on his early championing of emerging markets and their huge
economic potential. Two decades later, Jim O’Neill has been appointed as a government minister tasked with helping Britain compete against the rising powers of the eastern and southern hemispheres.
The 58 year-old was yesterday awarded a life peerage by the Queen and given the title of commercial secretary to the Treasury. His responsibilities will include public sector infrastructure projects — including attracting foreign investment to help finance them.
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