New UK Chancellor of Exchequer Rishi Sunak is a former Goldman Sachs man
Rishi Sunak, the man who in a stunning turn of events was appointed UK Chancellor of the Exchequer less than a month before the first budget of Boris Johnson’s new government?
The former Goldman Sachs banker is 39 and has been viewed as a rising star in the Conservative Party, with the ConservativeHome website anointing him “the next prime minister” earlier in the year. In July he was appointed chief secretary to the Treasury the second most important job in the finance ministry.
Sunak entered Parliament in 2015, elected to represent Richmond in Yorkshire, the constituency previously held by William Hague, a former foreign secretary and party Leader. Theresa May appointed him as a junior minister for local government in January 2018, Sunak backed Johnson in last year’s leadership campaign in a joint piece in The Times with fellow moderates Robert Jenrick and Oliver Dowden. That earned him a promotion to the cabinet when Johnson won the leadership.
Sunak is a more pro-Brexit chancellor than Javid, who campaigned for Remain back in 2016 . In 2017, he co-authored an article highlighting five benefits of Brexit, including striking new trade deals, improving regulation and being free of EU state aid rules.







