Mathias Cormann set to head OECD


Mathias Cormann of Australia is to become the sixth secretary-general of the OECD. Mr Cormann will take up his five year-term on 1 June 2021, and will succeed OECD Secretary-General Angel Gurria, who concludes 15 years at the helm of the organisation.

The OECD Council made the announcement on 15 March, following a seven-month selection process. The Council of the OECD composed of Ambassadors representing the 37 Member Countries, took the formal decision to appoint Mr. Mathias Cormann of Australia to become the sixth Secretary-General of the Organisation, for a 5 year-term beginning on 1 June 2021.

Mr. Cormann will take up his duties on 1 June, the day after Secretary-General Angel Gurria’s final term concludes 15 years at the helm of the Organisation. This will coincide with the first of two sessions of the Annual OECD Ministerial Council Meeting to be held on 31 May – 1 June. More about international organizations HERE.

Mr. Cormann will become the first Secretary General to emerge from the Asia Pacific region.

Mathias Cormann was until recently Australia’s longest-serving Finance Minister and Leader of the Government in the Australian Senate. An experienced political leader with strong economic credentials, Mathias has delivered Australia’s annual Federal Budgets
since 2013. In this role, he has led complex negotiations with a broad spectrum of political parties.

In his vision statement, Mr. Cormann stated the following:

My vision as Secretary-General is for the Organisation to play a leading and central role in global policy setting. I will ensure the OECD empowers its members, helps them overcome their individual and shared challenges, and enables them to take advantage of new opportunities.

Working with over 100 countries, the OECD is a global policy forum that promotes policies to improve the economic and social well-being of people around the world. The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all. 

Source: OECD

Image Credit: Matt Jebnek, Business News