Showing posts with label Hermes. Show all posts
Showing posts with label Hermes. Show all posts

Monday, March 10, 2008

"New Capitalist" is Labour General Secretary

Congratulations to the new General Secretary of the Labour Party David Pitt-Watson. I have meet David a couple of times at pension conferences and have been very impressed. He was our guest speaker at a UNISON conference fringe last year which I chaired (photo: right with red tie). It was called “Trade Unionists are the New Capitalist’s”. Check out David’s book on this subject.

He is an experienced former Labour Party assistant general secretary and successful fund manager for Hermes which runs the huge BT pension scheme (unusually the scheme owns Hermes). He can walk the talk. I suspect that he is taking a big pay cut to do this job (which admit it, is going to be a pretty thankless task at times).

He is just the bloke to sort the Labour Party finances and its campaign machinery in time for the next election. Good Luck David (you'll need it)