IMF and World Bank: Appointment Procedures — Question

Part of the debate – in the House of Lords at 3:21 pm on 1st December 2010.

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Photo of Lord Grenfell Lord Grenfell Labour 3:21 pm, 1st December 2010

I am most grateful to my noble friend for giving way. I declare an interest, having served 30 years with the World Bank and being in receipt of a pension from it. I totally agree with what the noble Lord, Lord Stern of Brentford, has said about the necessity of broadening the field of recruitment. Does the Minister agree that the most important aspect is to make sure that the best qualified person gets the job and that it is extremely important that, whatever negotiations are held, the G20 should not go from one stitch-up, which we have now, to another and thereby end up with the lowest common denominator of approval? We should at least find the best people available for both these posts.