David Freud
David Freud (Lord Freud) is the Parliamentary Under Secretary of State at the Department for Work and Pensions (Minister for Welfare Reform).[1]
History
Freud began his career as a journalist writing for the Financial Times for eight years. In 1984 he joined S.G. Warburg (Now UBS) as a banker specialising in 'flotations and privatisations around the world and successfully built strong investment banking franchises in Transport, Infrastructure, Leisure and Business Services'.
After retiring as Vice Chairman from UBS Investment Banking, he became the CEO of The Portland Trust between 2005-2008 and remains a Trustee and Director. The Trust is a not-for-profit foundation 'committed to promoting peace and stability between Palestinians and Israelis through economic development.' [2]
Freud published an independent 2007 report entitled “Reducing Dependency, Increasing Opportunity” on the Welfare to Work system, which was commissioned by the then Secretary of State for Work and Pensions, John Hutton MP, and was welcomed at the time by former Prime Minister Tony Blair and the Chancellor, Gordon Brown. [3]
Notes
- ↑ David Freud, David Freud Biography, The Conservatives, Accessed 16-October-2010
- ↑ The Portland Trust,Homepage, accessed 20 October 2010.
- ↑ David Freud, David Freud Biography, The Conservatives, accessed 16-October-2010
