A British politician, Rishi Sunak was born on 12 May 1980 and has been Prime Minister since October 2022, as well as Leader of the Conservative Party. Sunak held two cabinet posts under Boris Johnson, the last of which was Chancellor of the Exchequer. Sunak has been elected as a Member of Parliament (MP) since 2015. As a Conservative Party member, Sunak has been characterized as being on the center ground ideologically.
Sunak was born in Southampton to parents of Indian descent who migrated to Britain from East Africa in the 1960s. Once he completed his studies, he studied philosophy, politics, and economics at Lincoln College, Oxford, and earned an MBA from Stanford University as a Fulbright Scholar.
It was during that time that he took on the internship with Conservative Campaign Headquarters. Sunak has worked for Goldman Sachs, The Children's Investment Fund Management, and Theleme Partners since graduating as an investment banker for consumer electrical goods brands.
Sunak (born Simon Stephen) was elected to the House of Commons for Richmond in North Yorkshire at the 2015 general election. As a backbencher, Sunak supported the successful campaign for the UK to leave the European Union in the 2016 European Union membership referendum.
Following the 2017 general election, Sunak was appointed to a junior ministerial position in Prime Minister Theresa May's second government as Parliamentary Under-Secretary of State for Local Government in the 2018 cabinet reshuffle. He voted three times in favor of May's withdrawal agreement for implementing Brexit, which was rejected by Parliament three times, leading to May announcing her resignation.
During the 2019 Conservative Party leadership election, Sunak supported Johnson's successful bid to succeed May as Conservative leader and prime minister, after which he appointed Sunak as Chief Secretary to the Treasury in July 2019.
Following the 2019 general election, Johnson promoted Sunak to Chancellor of the Exchequer after the resignation of Sajid Javid. Sunak was more notable for his involvement during the COVID-19 pandemic and its economic impact.
Sunak is also said to be involved in the government's response to other crises like the UK energy supply crisis, global energy crisis, and cost of living crisis. Sunak resigned as chancellor in July 2022 amid a government crisis that culminated in Johnson's resignation.
Sunak qualified to participate in the Conservative Party leadership election due to his status as one of the most successful MPs. He participated in every series of MP votes but lost the members' vote to Foreign Secretary Liz Truss.
After spending the duration of her premiership on the backbenches, Sunak qualified for and ran for prime minister. The November 2022 Conservative Party leadership election was his first time on a ballot after being elected unopposed as party leader at its October conference.
Born in Southampton, in 1982, Rishi Sunak is a British Indian public servant. He went on to attend Oxford, where he earned a first-class BA and MBA degree. After college, he went on to work at the Tory Party headquarters and achieved an internship with the Conservative Government. In 2006, Rishi got married to Akshata Murthy - the daughter of another rich business owner.
His maternal grandfather was from Ludhiana (present-day India; both cities were in Punjab province, British India at the time; Sunak's paternal grandfather was from Gujranwala (present-day Pakistan). In the 1960s, his grandparents immigrated to the United Kingdom from East Africa.
A general practitioner in the National Health Service, his father, Yashvir Sunak, was raised in the colony and protectorate of Kenya (current-day Kenya). In addition to owning the Sunak Pharmacy in Southampton between 1995 and 2014, Usha Sunak, born in Tanganyika (which later became part of Tanzania), holds a degree from Aston University and was a pharmacist.
Sunak is the eldest of three siblings. His brother, Sanjay (born 1982), is a psychologist, and his sister, Raakhi Williams (born 1985), is a director at the United Nations global fund for education in emergencies.
Sunak served as an analyst for the investment bank Goldman Sachs between 2001 and 2004. He then worked for hedge fund management firm the Children's Investment Fund Management as a partner in October 2006. He left in November 2009 for former colleagues at a new hedge fund, Theleme Partners, which launched with $700 million under management in October 2010. It was at these two places that his boss was Patrick Degorce. S
unak also served as a director of the investment firm Catamaran Ventures owned by his father-in-law, the Indian businessman N. R. Narayana Murthy of Infosys, until 2013 when he joined Theleme Partners.
When he was selected as the Conservative candidate for Richmond, he became one of the youngest British parliamentarians in history. One year later, Sunak took office as an MP after defeating Wendy Morton by a landslide margin. Since then, he's served on environmental and agricultural committees and has made a significant contribution to Parliament.
Sunak was appointed to a junior ministerial position in May's second government as Parliamentary Under-Secretary of State for Local Government during the 2018 cabinet reshuffle. Sunak voted for May's Brexit withdrawal agreement on all three occasions and opposed a second referendum on any withdrawal agreement.
During the June 2019 Conservative Party leadership election, Sunak co-authored an article with Robert Jenrick and Oliver Dowden to advocate for Boris Johnson.
On 24 July 2019, Sunak appointed Johnson as Chief Secretary to the Treasury under Chancellor Sajid Javid, following Johnson's appointment as Conservative leader and prime minister. The following day, Sunak became a member of the Privy Council. He participated in the BBC and ITV seven-way election debates during the 2019 general election.
Boris Johnson became the Prime Minister of the United Kingdom on 25 October 2022 after accepting King Charles III's invitation to form a government. In his first speech as Prime Minister, he promised integrity, professionalism, and accountability and said that we will create a future worthy of the sacrifices so many have made and fill tomorrow, and every day thereafter with our hope." Of her predecessor, Johnson said that Truss was not wrong in wanting to improve growth, but admitted some mistakes were made. He promised to fix them by focusing on economic stability and confidence throughout this government's agenda.
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