UK Finance Minister Rishi Sunak (AP)
UK Finance Minister Rishi Sunak (AP)

Rishi Sunak, 5 things you must know about UK’s new finance minister

  • Sunak is married to Akshata Murthy, daughter of Indian billionaire and IT services giant Infosys co-founder Narayan Murthy
  • Sunak has a business background and so far served as chief secretary to the Treasury in the British government

In his first Cabinet reshuffle after returning to power in December, British Prime Minister Boris Johnson on Thursday named Indian-origin politician Rishi Sunak as the country’s Chancellor of the Exchequer (finance minister). The announcement came after the shocking resignation of Sajid Javid, who is believed to have had a showdown with his boss at 10 Downing Street. Reports said Johnson wanted Javid to sack five of his senior aides, a demand the latter refused to meet.

Sunak, a 39-year old Conservative member of Parliament (MP) for Richmond Yorkshire since 2015, lives in Kirby Singston, just outside the town of Northallerton in the UK. He has a business background and so far served as chief secretary to the Treasury in the British government.

Here are five things to know about Sunak:

Family: Sunak is married to Akshata Murthy, daughter of Indian billionaire and IT services giant Infosys Ltd co-founder Narayan Murthy. The couple has two daughters. Sunak’s father was a doctor and his mother was a pharmacist.

Education: He attended the prestigious Winchester College before going on to Oxford University to read Philosophy, Politics and Economics. He also has an MBA from Stanford University in the US.

Career: Before entering politics he worked for investment bank Goldman Sachs and a hedge fund, following which he co-founded an investment firm.

Politics: Sunak campaigned for Brexit and voted for former PM Theresa May's deal on all three occasions. He was an early supporter of Boris Johnson, making a number of media appearances in his support.

Before being appointed as chief secretary to the Treasury, Sunak was the parliamentary under-secretary in the Ministry of Housing, Communities and Local Government from January 2018 to July 2019.

Hobbies: Sunak is fitness conscious, plays cricket and football and watches films.

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