Britain’s new FM Rishi Sunak is a ‘first generation immigrant’ with family ties to Narayana Murthy, a doyen of Indian IT

The Richmond (Yorks) MP who until the 13th of February 2020, was chief secretary to the Treasury has been in parliament for just over four years, but he has taken a well-trodden path to get there, being educated at Winchester College before reading PPE at Oxford.

The 39-year-old Sunak had been widely tipped for promotion, but no one could have foreseen that he would end up with the second most powerful role in the country after his boss sensationally quit over plans to merge the special advisers working for Number 10 and Number 11.

He now has to give a Budget in less than a month – it is currently scheduled for 11 March, having been canceled because of the election. That means Javid becomes the first chancellor never to have delivered a Budget.

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There are probably two key reasons for Sunak’s rapid promotion – he backed Brexit and he backed Boris Johnson during last year’s leadership contest.




 Sunak was one of the few ministers to appear regularly during the election, showing just how much he was trusted by Downing Street. He even appeared instead of Johnson during one of the leaders’ debates.

He certainly knows his way around the issues that matter to the Treasury, having worked as an analyst for investment bank Goldman Sachs and for hedge fund management firm The Children’s Investment Fund Management.

Rishi Sunak and wife

His wife is Akshata Murthy, the daughter of Infosys founder and billionaire businessman N. R. Narayana Murthy.

Sunak, who was born in 1980 and brought up in Hampshire, UK after his grandparents moved there from Punjab, was a ‘first-generation immigrant’.

source:www.cityam.com

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2020-02-14T09:30:56+00:00

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