UK Prime Minister Boris Johnson has appointed Indian-origin Rishi Sunak as his new finance minister. He replaced Sajid Javid who resigned from the post of Chancellor of the Exchequer in a surprise move during the recent ministerial reshuffle by Johnson.
Sunak has earlier worked as an analyst with Goldman Sachs. He later worked with a hedge fund and went on to set up an investment firm. He was also a director in Narayana Murthy's investment firm, Catamaran Ventures.Before being appointed as the Chancellor of the Exchequer, Sunak was the second in command to the finance minister as the Chief Secretary to the Treasury and oversaw public spending.
He has been regarded as a rising star in the Conservative Party. He regularly does media interviews on behalf of the government and had even stood in for Johnson in some television debates during last year's election campaign.