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Indian-origin economist Shriti Vadera has been appointed Parliamentary Under Secretary of State in the Department for International Development, a position equivalent to junior minister, in the new British cabinet led by Prime Minister Gordon Brown.
According to PTI reports, Vadera, a central figure in the Treasury and considered close to Brown, spent 14 years at investment bank UBS Warburg where her duties included advising the governments of developing countries on a range of issues such as debt restructuring.
Vadera is the third person of Indian origin to become a minister in the British Government and first one in the Brown's cabinet. NRI Labour MP Keith Vaz was the first minister (in charge of Europe, 1999-2001) followed by Paramjit Danda, who was also a parliamentary undersecretary.
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