Australia’s longest serving Finance Minister Mathias Cormann has secured an extended term as OECD Secretary-General.
OECD Ambassador for Mexico Sybel Galván Gómez said Mr Cormann’s mandate had been extended to 2031.
Mr Cormann, who served as Australian Finance Minister from 2013 to 2020 under Liberal Prime Ministers Tony Abbott, Malcolm Turnbull and Scott Morrison, took the reins at the OECD in 2021.
“The OECD Council has today decided to renew the mandate of OECD Secretary-General Mathias Cormann for a second and final 5-year term from June 1, 2026.” Ambassador Gomez said.
“This decision reflects the strong and broad-based confidence that Members place in Mathias Cormann’s leadership,”
Ambassador Gómez said over the course of his first term, Mr Cormann had demonstrated an “unwavering commitment” to the core mission of the OECD to promote better policies for better lives.
“A few months after his arrival, Members adopted ‘Trust in Global Co-operation: The vision for the OECD for the next decade’, a framework that will continue to guide our work over these next six years.”
Mr Cormann said the OECD was a unique, consensus-based organisation that brought together a community of countries around shared values, working together to develop evidence-based policy advice and standards to help deliver better outcomes and living standards for people around the world.
“I am grateful for the trust and confidence OECD Members have placed in me to continue to lead this great Organisation,” he said.
“I will give it my absolute best to help ensure that the OECD continues to deliver as a platform for the development of policy best practice and effective international cooperation.”
