After former PM Boris Johnson abruptly withdrew from the campaign on Sunday, Rishi Sunak became the first person of Indian ancestry to hold the position of Prime Minister of the United Kingdom.
After former PM Boris Johnson abruptly withdrew from the campaign on Sunday, Rishi Sunak became the first person of Indian ancestry to hold the position of Prime Minister of the United Kingdom. Today, Sunak became the next prime minister as British Conservative leader Penny Mordaunt likewise withdrew from the fight for 10 Downing Street.
By 1300 GMT/ 6:30 PM IST, candidates must have at least 100 Conservative MPs’ backing. By Friday night, Sunak had reached that number and had gathered over 200 public nominations from Tory legislators.
Read More: Liz Truss resigns as UK prime minister
With a net worth of more than 700 million pounds, Rishi Sunak is among the wealthiest members of parliament in Westminster. The former Goldman Sachs analyst will become the first person of Indian ancestry to serve as prime minister at 10 Downing.
When it was revealed that Sunak was the sole contender left, the pound initially increased but soon fell back to prior levels.
Read More: UK’s Sunak poised to become PM as Johnson quits leadership race
Rishi Sunak has joined the group of prominent international figures of Indian descent by being chosen as the leader of the Conservative Party. The 1922 Committee head, Sir Graham Brady, announced the selection of the 42-year-old leader of Indian descent.
A few days back, Liz Truss had resigned as UK’s prime minister just after 45 days in office.