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That year, he wrote a report for the Centre for Policy Studies (a Thatcherite think tank) supporting the establishment of free ports after Brexit, and the following year wrote a report advocating for the creation of a retail bond market for small and medium-sized enterprises (SMEs). Sunak supported the UK leaving the European Union (EU) in the June 2016 membership referendum. During the 2015–2017 parliament he was a member of the Environment, Food and Rural Affairs Select Committee. He was elected as MP for the constituency in the 2015 general election with a majority of 19,550 (36.2%). In the same year Sunak was head of the Black and Minority Ethnic (BME) Research Unit of centre-right think tank Policy Exchange, for which he co-wrote a report on BME communities in the UK. The seat is one of the safest Conservative seats in the United Kingdom and has been held by the party for over 100 years. The seat had previously been held by William Hague, a former leader of the party, Foreign Secretary and First Secretary of State, who chose to stand down at the following general election. Sunak was selected as the Conservative candidate for Richmond (Yorks) in October 2014. Early political career Member of Parliament Sunak was also a director of investment firm Catamaran Ventures, owned by his father-in-law, Indian businessman N.
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He left in November 2009 to join former colleagues at new hedge fund firm Theleme Partners, which launched in October 2010 with an initial $700 million. He then worked for hedge fund management firm The Children's Investment Fund Management (TCI), becoming a partner in September 2006. Sunak worked as an analyst for investment bank Goldman Sachs between 20. In 2006, he obtained an MBA from Stanford University, where he was a Fulbright scholar. During his time at the university, he undertook an internship at Conservative Campaign Headquarters. He studied Philosophy, Politics and Economics at Lincoln College, Oxford, graduating with a First in 2001. He waited tables at a curry house in Southampton during his summer holidays. Sunak attended Winchester College, a boys' public boarding school, where he was head boy and the editor of the school paper. Yashvir was a general practitioner (GP), and Usha was a pharmacist who ran a local pharmacy. His grandparents were born in Punjab Province, British India, and emigrated from East Africa with their children to the UK in the 1960s. His father Yashvir was born in Kenya and his mother Usha was born in Tanzania. Sunak was born on in Southampton, Hampshire, to Indian Punjabi Hindu parents Yashvir and Usha Sunak. As Chancellor, Sunak has been prominent in the government's economic response to the economic impact of the COVID-19 pandemic in the United Kingdom. He replaced Sajid Javid after his resignation in February 2020. After Johnson was elected and appointed prime minister, he appointed Sunak as Chief Secretary to the Treasury. After May resigned, Sunak was a supporter of Boris Johnson's campaign to become Conservative leader. He voted three times in favour of May's Brexit withdrawal agreement. He served in Theresa May's second government as Parliamentary Under-Secretary of State for Local Government.
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After graduating, he worked for Goldman Sachs and later as a partner at the hedge fund firms The Children's Investment Fund Management and Theleme Partners. While studying at Stanford, he met his future wife Akshata Murthy, the daughter of the Indian billionaire businessman N. He subsequently studied philosophy, politics and economics at Lincoln College, Oxford, and later gained an MBA from Stanford University as a Fulbright Scholar. He has been the Member of Parliament (MP) for Richmond (Yorks) in North Yorkshire since 2015.īorn in Southampton to British Indian parents who had emigrated from East Africa, Sunak was educated at Winchester College. A member of the Conservative Party, he was previously Chief Secretary to the Treasury from 2019 to 2020. Rishi Sunak ( / ˈ r ɪ ʃ iː ˈ s uː n æ k/, born ) is a British politician, Chancellor of the Exchequer since 2020.