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Infosys co-founder Narayana Murthy's son-in-law Rishi Sunak appointed UK's new minister of finance

The India Print 2020-02-13 20:33:43

LONDON: Indian-origin politician Rishi Sunak was appointed because the UK's new minister of finance on Thursday by Prime Minister Boris Johnson during a Cabinet reshuffle.

Sunak, the son-in-law of Infosys Co-founder Narayana Murthy, will join Home Secretary Priti Patel on the highest government bench because the Chancellor of the Exchequer.

Earlier, Pakistani-origin Sajid Javid resigned as Chancellor during a shock move in one among the most important shakeups since Johnson won a thumping majority within the December 2019 election .

He is replaced by Sunak, who was so far Javid's junior because the Chief Secretary to the Treasury and seen as a rising star within the cupboard .

The 39-year-old is about to maneuver into No.11 Downing Street, nearby to the Prime Minister's Office as he takes charge of the second most vital government position because the minister of finance .

"The Queen has been graciously pleased to approve the appointment of Rt Hon Rishi Sunak as Chancellor of the Exchequer," Downing Street said within the official announcement.

The MP for Richmond in Yorkshire, married to Murthy's daughter Akshata, first entered the united kingdom Parliament in 2015 and has fast risen up the Conservative Party ranks as a staunch Brexiteer who had back Johnson's strategy to go away the ecu Union (EU).

The UK-born son of a pharmacist mother and a National Health Service (NHS) GP (GP) father is an Oxford University and Stanford graduate.

"From working in my mum's tiny chemist shop to my experience building large businesses, I even have seen how we should always support market economy and innovation to make sure Britain features a stronger future," Sunak had said during the Brexit referendum.

He co-founded a 1-billion pound global investment company and specialised in investing in small British businesses before his entry into politics.

He strongly believes that tiny businesses within the UK would flourish as a results of Brexit because the "vast majority of British businesses (94 per cent) do not have anything to try to to with the EU; but they're still subject to all or any EU law".

Indian-origin MPs Alok Sharma and Suella Braverman are a number of the opposite Indian-origin MPs expected to urge a promotion during this week's Cabinet reshuffle, dubbed a purge thanks to some high-profile resignations and sackings expected.