O’Neill to Have Non-Executive Role at U.K. Education

Former Goldman Sachs Asset Management Chairman Jim O’Neill is to become a non-executive director at the U.K. Department for Education.

“Jim O’Neill has been invited to join the DfE board in a non-executive capacity, and we expect him to take up his post in September,” the ministry in London said in an e-mailed statement today.

O’Neill, 56, stepped down from Goldman Sachs Group Inc. in April. He’d been chairman of the New York-based firm’s asset-management division since 2010. He joined the company in 1995 as a partner, became head of global economics, commodities and strategy research in 2001 and was added to the European management committee in 2006.

O’Neill developed the BRIC investment strategy, linking the biggest emerging economies in Brazil, Russia, India and China, to reflect the waning influence of the U.S. on global growth.

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