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AUSTRALIA NOMINATES ITS FINANCE CHIEF AS OECD SECRETARY-GENERAL

Australia will nominate its finance minister to be the new secretary general of the Organization for Economic Co-operation and Development (OECD), Prime Minister Scott Morrison announced. 

Belgian-born Mathias Cormann, 50, has been Australia's finance minister for seven years and is due to leave the role at the end of October. 


Morrison said Cormann will bring a rare perspective to the OECD role, having spent half of his life in Europe and half in the Indo-Pacific. 


"In addition to understanding the cultures, economic strengths and political dynamics of both regions, Senator Cormann grew up speaking German before pursuing his high school and university studies in French, Flemish and English," Morrison said in a statement Thursday. Cormann was born in the German-speaking Belgian town of Eupen. He moved to Australia in 1995 and was elected to the senate in 2010.




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