BusinessPeople In BusinessNick Clegg the CFO

Nick Clegg the CFO

Deputy PM's role not too different from that of Richard Moat

AFTER HIJACKING a prestigious finance directors’ dinner, TS was shocked and impressed to hear of the tales spun by merry FDs as they drank and discussed the tough world in which they operate.

There were stories of missed flights, uncomfortable profit meetings, roaming charges when abroad…the list is endless.

However, Richard Moat, CFO and deputy CEO at telecoms provider Everything Everywhere trumped everyone with his account of meeting deputy PM Nick Clegg at a recent bash earlier this year.

As the former CEO of T-Mobile, which merged with Orange, he is said to have confronted Clegg muttering: “We’re alike you and I…both former heads of organisations which we’ve tried to bring down. And now we’re number two in command of the merged beast.”

It is rumoured that Clegg just laughed and quickly moved on.

We were wondering what other synergies could be drawn from CFO roles and politicians? Maybe CFOs and politicians are good communicators to the country, board or shareholders; they are certainly both accountable for large amounts of money that don’t belong to them.

We here at TS think that Moat could have sat Clegg down for quite some time going through the similarities, however the deputy PM probably had some backing down to do elsewhere.

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