Rishi Sunak, an ambitious former economy minister who aspires to make history

After favorable stage in the financial sector, Rishi Sunak He also consolidated a skyrocketing political career by being selected as a finalist, along with his partner Liz Truss, to become new leader of the British Conservative Party and future prime minister.

Deputy since 2015 and Minister of Economy from 13 February 2020 until his resignation, on 5, Sunak will make history if he is declared the winner in the Conservative primaries on 5 September, as he will become the first head of government hindu and colorful from England.

The ambitious 42-year-old politician calculated the move when he left his post at Executive Boris Johnson two weeks ago over disagreements with his management and, in particular, his economic priorities.

His departure, which was preceded by the departure of the Minister of Health, Sajid Javid, sparked a crisis that culminated with the resignation of the Prime Minister on 7 July, who, until a successor is appointed, remains in office.

still to be seen if Sunak’s departure before the disaster would have an impact on “Tory” militantssome of whom still sympathize with Johnson.

During his time in government, he was praised for job protection plan during the pandemic but was criticized for insufficient assistance to citizens in the face of rampant inflation and tax increases which were later partially reversed.

Sunak’s image was also tarnished because he had fined, along with his boss, for participating in one of the parties that violated the anticovid rules at the Downing Street office, for which he apologized, though he always defended that he was just passing through.

The fiscal conservative Sunak, unlike Truss, says he wants to cut taxes when inflation is under controlwhich did not fully benefit him among the “Tory” affiliates who wanted an immediate tax cut.

In addition to their personal origins, the base, who had to choose between two finalists, they will appreciate your self-made millionaire profile and married the daughter of an Indian tycoon, Akshata Murty, whose tax situation was controversial.

past investors

Sunak became Chancellor of the Treasury on 13 February 2020, having been head of the Treasury since July 2019, four years after serving in the House of Commons.

Before he had positions in various financial companiesincluding investment bank Goldman Sachs and venture capital fund Management’s Children’s Investment Fund.

In 2010 he joined another fund manager, Theleme Partners, and became director of Catamaran Ventures, which is owned by his father-in-law, Indian millionaire NR Narayana Murthy.

Raised in the city of Southampton (South England), Rishi Sunak, of Hindu faith, is the son of Yashvir, who is a doctor, and Usha Sunak, a pharmacist, and grandson of immigrants from the Indian region of Punjabwho came to England in the 1960s from East Africa.

The eldest of three children, He was educated at an elite private school in Winchester and, as is typical among the country’s political class, he graduated in Philosophy, Politics and Economics (PPE, in English) from the English University of Oxford.

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He completed his studies with a master’s degree in Business Administration at Stanford University in the United States – which he accessed on a Fulbright scholarship -, where he met his wife, mother of two girls and daughter of one of the founders of multinational Infosys.

Sunak, who presents himself as a dynamic politician inspired by the creativity of America’s Silicon Valley, admits to being addicted to Coca Cola and a huge Star Wars fan.

Elena Eland

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