Home Money Dominic Raab lands job at private equity mining investor

Dominic Raab lands job at private equity mining investor

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New job: Dominic Raab has been hired as 'senior strategic advisor' at Pall Mall-based private equity firm
  • Dominic Raab has been hired as “senior strategic advisor” at Appian

Dominic Raab has been hired as a “senior strategic advisor” at a Pall Mall-based private equity firm focused on investments in the mining sector.

Appian Capital Advisory has appointed the former deputy prime minister and foreign secretary as senior strategic advisor on global affairs.

Raab announced plans in May to leave parliament at the next election, having originally won his Esher seat in 2010.

The Conservative MP will reportedly receive £118,000 a year for his role at Appian.

New job: Dominic Raab has been hired as ‘senior strategic advisor’ at Pall Mall-based private equity firm

Raab will chair a new partnership between Appian and SAFE, a US-based mineral supply chain think tank, which will “leverage Appian’s leading global expertise in green commodities investing”.

SAFE’s Critical Minerals Strategy Center is a US-based operation that advises the US government on mineral supply chains.

Raab “will support Appian on geopolitical risk and strategy, drawing on his significant international experience in the UK government,” Appian said.

Raab previously oversaw Project Defend while in government, which focused on identifying key economic vulnerabilities in UK supply chains.

In a statement, Raab said: “I am excited to join Appian’s dynamic team to advance the company’s strategic objectives in critical minerals.

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‘I look forward to helping Appian expand international partnerships between investors and governments, so we can better address geopolitical risks and secure the supply chains our economies need for the 21st century.

“The SAFE-Appian partnership will attract private sector investors with the experience and track record needed to strengthen the supply chain resilience of the United States and its allies.”

Last month, it was revealed that former chancellor George Osborne had been hired by US-based cryptocurrency exchange operator Coinbase. The former chancellor was appointed to its advisory board, which would “rely on his knowledge and experiences as we grow Coinbase around the world.”

Osborne has held a number of jobs since leaving the government in 2016. At one point, Osborne held nine jobs.

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