Chancellor Jeremy Hunt has appointed British Indian investment expert Sushil Wadhwani as one of the four financial specialists appointed to a new Economic Advisory Council. The council will give independent advice to the government.
Wadhwani, who heads up PGIM Wadhwani asset management firm has over 30 years of investment experience. He will join Gertjan Vlieghe of Element Capital, Rupert Harrison of BlackRock and Karen Ward of J.P. Morgan Asset Management in the council.
Announcing the decision in the House of Commons, Hunt said the group will provide "more independent expert advice" to ministers. “In a period of global economic challenge and volatility, prioritising UK economic stability is vital.”
The UK Treasury said all members of the council will be attending in an independent capacity and have been chosen for their “personal knowledge and expertise”, as relevant to advising the government on the UK economy.
