You are here: Home » International » News » Politics
Business Standard

Narayana Murthy's son-in-law Rishi Sunak named new finance minister of UK

Sunak, the son-in-law of Infosys Co-founder Narayana Murthy, will join Home secretary Priti Patel on the top government bench as UK Chancellor of the Exchequer

Press Trust of India  |  London 

Rishi Sunak
Newly appointed Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street in London, Britain

In a massive elevation, Indian-origin politician was appointed the UK's new on Thursday by Prime Minister in an extensive Cabinet reshuffle amid reports of serious differences within Downing Street.

The 39-year-old son-in-law of Infosys co-founder will join Priti Patel on the top government bench, after she held on to her post as Home Secretary.

Outside the Treasury office soon after his promotion, Sunak told reporters he was "delighted to be appointed" Chancellor and had "a lot to get on with".

Pakistani-origin Sajid Javid resigned as Chancellor in a shock move in one of the biggest shake-ups since Johnson won a thumping majority in the December 2019 General Election.

According to sources close to the former Chancellor, he refused to give in to Johnson's demand to get rid of all his special advisers at No. 11 Downing Street for the advisory teams of No. 10 and 11 Downing Street to work more closely aligned as one team.

It followed reports of growing tensions within Javid's team and the Prime Minister's Chief Special Adviser Dominic Cummings.

Javid is replaced by Sunak, who was until now Javid's junior as the Chief Secretary to the Treasury and seen as a rising star within the Cabinet.

Sunak is set to move into No. 11 Downing Street, next door to the Prime Minister's office as he takes charge of the second most important government position as the

He will have to hit the ground running as the UK Budget is due to be tabled next month. The Prime Minister and Chancellor are traditionally seen a double act in British politics, working close together and also living as neighbours on Downing Street.

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

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

Sunak campaigned for Leave in the EU referendum, and his constituency voted 55 per cent Leave.

He voted for former prime minister Theresa May's deal on all three occasions, and was an early supporter of Johnson.

The UK-born son of a pharmacist mother and a National Health Service (NHS) general practitioner (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 have seen how we should support free enterprise and innovation to ensure Britain has a stronger future," Sunak said during the referendum.

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

He strongly believes that small businesses in the UK would flourish as a result of as the "vast majority of British businesses (94 per cent) don't have anything to do with the EU; but they are still subject to all EU law”.

He became a housing minister in 2018, before being promoted to Chief Secretary to the Treasury under Johnson last July. A clear Johnson favourite, he was the frontline minister chosen to stand in for the Prime Minister during the BBC's seven-way debate ahead of December's General Election.

On his website, he speaks of his parents' great sacrifice so he could attend good schools.

"I was lucky to study at Winchester College, Oxford University and Stanford University. That experience changed my life and as a result I am passionate about ensuring everybody has access to a great education,” he says.

"I have been lucky to live, study and work internationally. I met my wife, Akshata, in California where we lived for a number of years before returning home. We have two daughters, who keep us busy and entertained," he notes, listing his pastimes as keeping fit, cricket, football and movies.

In what was already referred to as the most "desi Cabinet in UK history", Indian-origin MP, Alok Sharma, was also promoted to the post of Secretary of State for Business, Energy and Industrial Strategy. The 52-year-old Agra-born Sharma, MP for Reading West, was Development Secretary previously, a department set to be revamped going forward.

Goan-origin Suella Braverman, 39, another Indian-origin MP, got a promotion in the Cabinet reshuffle. She was appointed as the Attorney General.

First Published: Thu, February 13 2020. 18:04 IST
RECOMMENDED FOR YOU