Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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Rishi Sunak is poised to become the first non-white Prime Minister of the United Kingdom after it became apparent that Sunak was much ahead of his rivals and that former prime minister Boris Johnson had stepped out of the election. As soon as it was announced that Rishi Sunak would succeed Liz Truss as Prime Minister, the pound rose in value relative to the dollar.

Earlier, on Sunday, Sunak said on his official Twitter account that if he becomes the next prime minister of Britain, he will “deliver” by fixing the economy.

World leaders have reacted to the choice of Rishi Sunak as the next British prime minister.

On Monday, Prime Minister Narendra Modi welcomed British Prime Minister-elect Rishi Sunak and said he was looking forward to working closely with him on global concerns and achieving the Roadmap 2030 for bilateral ties.

Free trade negotiations between India and the United Kingdom have reportedly been halted due to Sunak’s party’s concerns that an increase in immigration would result from the agreement.

According to a tweet by news agency ANI, White House press secretary Karine Jean-Pierre said that US President Joe Biden looks forward to interacting with Britain’s next prime minister, Rishi Sunak, in the coming days

Former UK Prime Minister Liz Truss, who stayed in the office for just 45 days before Sunak, congratulated him and said that he has her full support.

Charles Michel, president of the European Council, extended his best wishes to Rishi Sunak. Michel stated in a tweet, “Working together is the only way to face common challenges… and bringing stability is key to overcoming them.”

Narayana Murthy, co-founder of Infosys, said he was proud of his son-in-law Rishi Sunak, who is going to be the next Prime Minister of the UK.

Rishi Sunak was born in the United Kingdom to Indian-born physician father Yashvir and pharmacist mother Usha. After working for Goldman Sachs for three years, Sunak went on to earn an MBA from Stanford University in California, where he also met his future wife, Akshata Murthy, daughter of Infosys co-founder Narayana Murthy. He married Akshata in 2009, and the couple has two daughters.

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members