Gulf News

RISHI SUNAK NAMED CHANCELLOR

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Five years ago Britain’s new finance minister Rishi Sunak wasn’t even a member of parliament, now he is running the world’s fifth largest economy.

The 39-year-old former Goldman Sachs banker was appointed in dramatic fashion on Thursday when incumbent Sajid Javid unexpected­ly quit in a row over advisers.

As Johnson moves to increase control of the finance ministry, one of the youngest chancellor­s in history will face a prime minister who wants to increase spending on everything from infrastruc­ture and police to health and education.

“Delighted to be appointed, lots to get on with, thanks very much,” he told reporters before bounding up the steps into Britain’s finance ministry.

Sunak, who became a member of parliament for the governing Conservati­ve Party in 2015, had been tipped for promotion on Thursday after a rapid ascent through the ranks of government.

But few expected the Brexit supporting Oxford graduate to ascend to one of the highest offices in the land just yet.

Sunak married Akshata Murthy, the daughter of Indian billionair­e and co-founder of Infosys, N. R. Narayana Murthy, in August 2009.

They met while studying at Stanford University and have two daughters. He is a Hindu.

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Rishi Sunak
Reuters IN Rishi Sunak
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Sajid Javid
AFP OUT Sajid Javid

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