Decision

Hammond, Philip - Chancellor of the Exchequer, HM Treasury - ACOBA advice

Advice to Rt Hon Philip Hammond, former Chancellor of the Exchequer for HM Treasury, on business appointments taken up after leaving Crown service.

Documents

Original correspondence between ACOBA and Philip Hammond regarding OakNorth - August 2021

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Follow up correspondence between ACOBA and Philip Hammond regarding OakNorth

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Letter from ACOBA to the Cabinet Office

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Advice letter: Philip Hammond, Commission, Ministry of Finance, KSA

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Advice letter: Philip Hammond, commission with AP Wireless Ltd

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Advice letter: Philip Hammond, Commission, Ministry of Finance, Bahrain

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Advice letter: Philip Hammond, commission with Davidson Kempner European Partners

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Advice letter: Philip Hammond, commission with Arora Holdings Ltd

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Advice letter: Philip Hammond, commission with Purl Partnership Limited

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Advice letter: Philip Hammond commission with Canary Wharf Group

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Advice letter: Philip Hammond, commission with Kuwait Investment Office

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Advice letter: Philip Hammond, Member of the Panel of Senior Advisors, Chatham House

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Advice letter: Philip Hammond, Independent consultancy

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Advice letter: Philip Hammond, Advisor, G20

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Advice letter: Philip Hammond, FMA

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Advice letter: Philip Hammond, Nomura

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Advice letter: Philip Hammond, Apidae

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Advice letter: Philip Hammond, Future Economy Surrey Commission

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Advice letter: Philip Hammond, Partner, Buckthorn

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Advice letter: Philip Hammond, Senior Advisor, OakNorth Bank

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Advice letter: Philip Hammond, Non Executive Director, Ardagh Group S.A

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Advice letter: Philip Hammond, Washington Speakers’ Bureau and London Speakers’ Bureau

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Details

Rt Hon Philip Hammond, left his role as Chancellor of the Exchequer in July 2019.

OakNorth Bank

The Committee exchanged correspondence with Lord Hammond regarding his contact with HM Treasury, on behalf of OakNorth Bank in July 2020. The Committee determined this was not in keeping with its advice provided in relation to OakNorth.

Read the follow up correspondence from Lord Hammond and the Chair’s response here

An accessible version of the full correspondence is available here.

ACOBA has reported this to the Cabinet Office. An accessible version is available here

Member of the Panel of Senior Advisors, Chatham House

Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Chatham House.

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in June 2020 and the appointment was taken up later that month.

Independent Consultancy

Rt Hon Philip Hammond sought the Committee’s advice about taking setting up an independent consultancy and taking on commissions with:

Co-Chair, Future Economy Surrey Commission

Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Future Economy Surrey Commission.

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in March 2020 and the appointment was taken up later that month.

Partner, Buckthorn Partners

Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Buckthorn Partners

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in January 2020 and the appointment was taken up later, in February 2020.

Senior Advisor, OakNorth Bank

Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with OakNorth Bank

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in December 2019 and the appointment was taken up in January 2020.

Non-Executive Director, Ardagh Group S.A

Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Ardagh Group S.A

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in November 2019 and the appointment was taken up later that month.

Washington Speakers’ Bureau and London Speakers’ Bureau

Rt Hon Philip Hammond sought the Committee’s advice about taking up an appointment with Washington Speakers’ Bureau and London Speakers’ Bureau

The letter containing the Committee’s consideration and the conditions imposed on the appointment was sent in November 2019 and the appointment was taken up later that month.

Published 18 December 2019
Last updated 1 September 2021 + show all updates
  1. Follow up correspondence added

  2. OakNorth correspondence added

  3. Commissions added

  4. Roles added

  5. Updated appointments

  6. Appointment with OakNorth Bank added

  7. First published.