Lord Malloch Brown, a former vice-president of George Soros' Quantum Fund and a prominent figure in the UK's chairing of the G20, has joined the World Economic Forum as a senior adviser amid its efforts to improve global cooperation to tackle the financial crisis.

The World Economic Forum this morning revealed that Malloch Brown had joined as a senior adviser to the Global Redesign Initiative, a body launched at Davos this year to help foster global cooperation amid the global credit crunch.