Peter Sutherland - 2010 Interview

2010 Interview

In an interview with The Irish Times in early 2010, Sutherland revealed that in summer 2009, during a holiday, one of his children noticed a swelling on his throat while they sat on a beach. Within a week he was back home in London undergoing a major operation. Sutherland had an operation for throat cancer in August 2009 and following the operation he underwent chemotherapy and radiotherapy.

For Sutherland, a Europhile, the worst part about his illness was missing the “mortal combat” of fighting for the Yes vote in the second Lisbon referendum.

Sutherland visited Brian Lenihan to tell him what a great job he thought he was doing and to say that Lenihan had the potential to be one of the great taoisigh of the 21st century. Lenihan was taken aback, he says. Sutherland believes Ireland failed in economic terms over most of the past four decades with the exception of a “sparkling period” from 1994 to 2002 when the State took advantage of EU changes freeing up the movement of goods, capital and services across Europe.

Outside banking, Sutherland in early 2010 finished a 13-year stint as chairman of BP, Europe’s largest oil company. At one point during his tenure, the company was valued on the stock market at £236 billion (it is currently worth about £120 billion) and was making £42 million a day in profits.

He was twice offered the job of UN High Commissioner for Refugees by Kofi Annan, a fact, he says, that he has never disclosed publicly before, but he declined both times due to other commitments. He cites his work at GATT and the introduction of the Erasmus student exchange programme when he briefly held the education portfolio at the Commission in 1986 as his two most rewarding achievements.

Regarding the next stage of his career, Surtherland disclosed that he has decided to join three boards – at German insurer Allianz; Koç Holding, Turkey’s largest conglomerate; and a shipping company, BW Shipping located in Singapore.

In November 2010, he renewed his involvement in trade issues when he was appointed co-chair of an Experts Group, created by the heads of government of Germany, Great Britain, Indonesia and Turkey, to report on the priority actions to be taken to combat protectionism and to boost global trade. The Trade Experts Group's interim report was launched at Davos on January 28, 2011.