Former Dutch Labour prime minister works for big Chinese bank

DutchNews.nl, Thursday 17 April 2014

Former Dutch prime minister
Wim Kok (NOS/ANP)

Former Dutch prime minister and union leader Wim Kok has joined the second biggest Chinese bank as a non-executive director.

Kok, 75, has worked for the listed China Construction Bank since November, the Volkskrant reports on Thursday.

The role involves at least six meetings a year, most of which involve a trip to China, Kok, who led the Labour party for years, told the paper. Kok was prime minister for eight years and has been on the supervisory board of ING, Shell and KLM since then.

Kok is a member of two bank commissions: strategic development, and appointments and remuneration. He earns €42,000 for the function, the Volkskrant says.