The official business engagement process of the G20, the B20, has appointed Corrs Chambers Westgarth CEO John Denton as a Co-Chair of its Financing Growth & Infrastructure Taskforce.
The B20 represents the entire G20 business community with a single voice and is included in G20 decision finding processes. Like the G20, the B20 operates without a permanent secretariat and its rotating presidency is responsible for its agenda and organisation.
In September this year, the leading German business associations BDI, DIHK and BDA assumed the presidency of the B20 and under their leadership, recently appointed Mr Denton as a Co-Chair of the Financing Growth & Infrastructure Taskforce.
Chairs and Co-Chairs lead the work of taskforces and are responsible for high-level advocacy of recommendations towards governments, the global business community, and the public at large.
As Co-Chair of the B20 Financing Growth & Infrastructure Taskforce, Mr Denton will provide recommendations around global business issues, including frameworks for financial systems that are resilient while fostering growth in the real economy, initiatives to encourage global investment and economic growth, and improving tax cooperation and certainty to foster business development.
“The B20 is an incredibly important voice for the international business community. It helps shape the agenda for business issues of global significance, and I am honoured to have been asked to be part of this process. With the leadership of B20 Germany, this taskforce has an excellent opportunity to carry forward the legacy we initiated together in Australia to advance the agenda for sound infrastructure investment,” Corrs Partner and CEO John W.H. Denton AO said.
“As a firm, Corrs is committed to helping our clients navigate complex issues and changing environments, and I intend to apply this same approach for the business community in my role as Co-Chair of this taskforce,” he added.
Dr Jürgen Heraeus, B20 Chair, commented: “The mission of the B20 is to support the G20 through consolidated representation of interests, concrete policy proposals, and expertise. B20 Germany will considerably gain from John’s precious expertise, experience, and clout, and we are delighted he has accepted our invitation.”
Mr Denton is the only Australian and only individual from the legal industry who is part of the leadership team of the B20 Financing Growth & Infrastructure Taskforce.
The B20 appointment follows Mr Denton’s appointment last year as the First Vice-Chair of the International Chamber of Commerce, the world's largest business organisation with over 6.5 million members in more than 130 countries.
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