Financial secretary is an administrative and executive government position within the governance of a State, corporation, private or public organization, small group or other body with financial assets.
A financial secretary oversees policy concerning the flow of financial resources like money in and out of an organization. The officer sometimes determines policy concerning the purchase or sale of goods and services, collection of dues and employment. The officer implements policy with the cooperation of other executives.
Financial Secretary can also be the title of a cabinet member in a number of former and current British dependencies. This is the case in Hong Kong (see Financial Secretary (Hong Kong)), Jamaica, Montserrat, Saint Helena, etc. In the United Kingdom, the Financial Secretary to the Treasury is a junior minister position but the office holder attends the meetings of the cabinet. In some municipal and state governments, a financial secretary is an appointed or elected public official.
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Famous quotes containing the words financial and/or secretary:
“Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.”
—Ambrose Bierce (1842–1914)
“The truth is, the whole administration under Roosevelt was demoralized by the system of dealing directly with subordinates. It was obviated in the State Department and the War Department under [Secretary of State Elihu] Root and me [Taft was the Secretary of War], because we simply ignored the interference and went on as we chose.... The subordinates gained nothing by his assumption of authority, but it was not so in the other departments.”
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