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Mr Hancock was set to be appointed as the “UN special representative on financial innovation and climate change for the United Nations Economic Commission for Africa”.
However, a UN spokesman has now told the UN news organisation Pass Blue that his appointment has not been “taken forward”.
Mr Hancock had recently taken to Twitter to speak of the honour he had after being appointed.
He tweeted: “Honoured to be appointed United Nations Special Representative.
“I’ll be working with the UN and UN Economic Commission for Africa to help African economic recovery from the pandemic and promote sustainable development.”
A statement from the United Nations read: “Hancock’s appointment by the UN Economic Commission for Africa is not being taken forward.
“ECA has advised him of the matter.”
Twitter users have been quick to react to the news that Mr Hancock has lost is role at the United Nations.
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