Prime Minister Boris Johnson named Indian-origin Rishi Sunak as UK’s new finance minister. Sunak will join home secretary Priti Patel on the top government bench as the Chancellor of the Exchequer. He will succeed Sajid Javid who resigned as chancellor.
The 39-year-old is the son-in-law of Infosys co-founder Narayan Murthy. Sunak hails from Southampton, Hampshire. He went on to study philosophy, politics and economics at Oxford University and got his MBA from Stanford University.
Before starting his political career, he worked as an analyst for Goldman Sachs and then became a hedge-fund manager and later a partner. The young politician is also a director at Catamaran Ventures.
Sunak entered the UK Parliament in 2014 after former party leader William Hague stepped down as MP and he was selected as the Conservative candidate for Richmond. He has fast risen up the Conservative Party rank as a staunch Brexiteer. He had backed Johnson’s strategy to leave the European Union.