Harvey McGrath To Chair LDA

From Bloomberg:

"Boris Johnson, London's new mayor, picked former hedge-fund manager Harvey McGrath to oversee the city's economic development agency and formed an audit panel to investigate financial management at City Hall...McGrath, 56, will be nominated by Johnson as interim chairman of the development agency. He retired in November from Man Group Plc, the world's largest publicly traded hedge fund, where he had also been chief executive and chairman. Peter Rogers, an accountant and former chief executive of the City of Westminster government in central London, will be recommended by the mayor to serve as LDA interim chief executive."

Interestingly, McGrath is also an admirer of "Red" Ken.

Comments

[Phil Taylor]

It was somewhat faint praise Dave:

"He's done a better job and is more business-friendly than people would have thought."