Former federal Deputy Finance Minister, Scott Clark, has been appointed a director of the European Bank for Reconstruction and Development.

Finance Minister Paul Martin has announced that Clark has been nominated for the position of director representing Canada and Morocco at the EBRD, which is based in London, England. His new job starts at the end of August.

“I am delighted that Mr. Clark has agreed to undertake this important and challenging post,” said Martin. “Perhaps not since the end of the Second World War have the interrelations between economies in Europe and the rest of the world been of such importance. Mr. Clark’s expertise and experience should serve Canada and the EBRD very well indeed.”

Clark is currently senior advisor to the Privy Council Office and visiting fellow at the School of Policy Studies at Queen’s University in Kingston, Ont. He has held a number of senior positions with the Department of Finance, including Deputy Minister of Finance, associate Deputy Minister of finance, and minister’s deputy within the G-7. From 1989 to 1992, Clark served as Canada’s executive director at the International Monetary Fund.