08.09.2010 19:35
YEREVAN, September 8, /ARKA/. A prominent British banker Stephen Green, the chairman of HSBC Holdings plc, will resign to accept the offer of Prime Minister David Cameron to take up as U.K. trade and investments minister in 2011 January, the HSBC Bank said.
"With Stephen's experience and expertise, I know he will make an invaluable contribution towards this crucial agenda, helping to drive strong economic growth in the U.K.," prime minister Cameron was quoted as saying.
Green will become Minister of State for Trade and Investment early next year and will take up his position in the House of Lords in due course, the prime minister's office said. Green said he was honored to accept the job, which has been vacant since May's general election.
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