Quoted from Griffiths’ latest article ‘Ministerial appointment is just the job in City’ :
Jamie Risso-Gill, a London-based banking headhunter, said that having a former senior minister in-house could be “very handy . . . banks need to win back some of their moral authority after the financial crisis, so hiring politicians can help them to have a voice in legislation.
“Some are very good at PR and communications and can help with crisis management. Others have excellent connections into the world of central banks and can help to read the tea leaves on policymaking.”
You can read the full article by clicking here.