Blair accepts part-time advisory job at top Wall Street bank

Subscribe to Oneindia News

London, Jan 10 (UNI) Former British Prime Minister Tony Blair has accepted a job of an adviser in a leading Wall Street bank.

He is to take up the part-time post providing political and strategic advice to JPMorgan.

Experts said the job will earn him more than 500,000 pounds annually, the Daily Mail reported.

Mr Blair said last night that the appointment is the first of a series of private sector positions he expects to take up in his career.

He said it was likely he would agree to a small handful of similar appointments with other companies in different sectors.

He added, ''I have always been interested in commerce and the impact of globalisation. Nowadays, the intersection between politics and the economy in different parts of the world, including the emerging markets, is very strong.'' Since last year, Mr Blair has taken up the high-profile role as the international community's special envoy to West Asia and has signed a book deal which is set to earn him millions.

The peacebrokering job is unpaid but his office and travel expenses are paid for by the Quartet-- the UN, EU, US and Russia.

The former premier is likely to take part in JPMorgan's events and network on behalf of the bank.

UNI XC SKB RAI1641

Please Wait while comments are loading...