Finance Minister Mathias Cormann elected head of the OECD | Sky News Australia

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Former Finance Minister MathiasCormann has been elected as the new head of the Organisation for Economic Co-operation and Development (OECD) and will take up the role in May.

Former Finance Minister Mathias Cormann has been elected as the new head of the Organisation for Economic Co-operation and Development and will take up the role in May.

The 50-year-old has become the first person from the Asia-Pacific to lead the 27-nation organisation. At least 24 environmental groups condemned the move, calling against his nomination. Mr Cormann emerged as a surprise frontrunner, beating top contender Cecilia Malmstrom, a former Swedish EU trade commissioner.

 

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