The former Swiss central bank president has been appointed to a position of high prestige by U.K. Prime Minister Theresa May.
Philipp Hildebrand has been named trustee to the board of the British Museum, according to a statement released by the government in London. Prime Minister Theresa May signed off on his appointment despite her current struggles with Brexit.
The former president of the Swiss National Bank is currently vice chairman at BlackRock, the largest wealth manager globally. He will take up his new position at the world-famous museum on August 1 for a period of four years.
Staying Put?
The museum has 25 trustees and Hildebrand was selected alongside Vivian Hunt, a partner at McKinsey, and George Weston, chief executive officer of Associated British Foods. The posting is laden with prestige, not least for a foreigner such as Hildebrand. The museum is free of charge and one of London’s prime attractions.
Accepting the role as trustee presumably ties the ex-central banker even more closely to London, where Hildebrand has lived for the past seven years. This, in turn, could affect his eligibility for jobs including the chair of Credit Suisse, where Hildebrand was said to be a potential successor for Urs Rohner.
