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Shriti Vadera appointed her as Parliamentary Under-Secretary of State by P.M. Gordon Brown


New UK PM Gordon Brown appointed NRI Shriti Vadera, a key Post

London, June 30, 2007
Darshan Kaur

On June 29, 2007, NRI (non-resident Indian) Shriti Vadera, economist, has been appointed as Parliamentary Under-Secretary of State in the Department for International Development

Shriti Vadera, an investment banker was a central figure in the Treasury presided over by Brown. Since April 1999 she has been a special adviser to Gordon Brown during his time as Chancellor of the Exchequer and a member of the Treasury's Council of Economic Advisers.

Vadera was employed at investment bank Warburg Dillon Read near about 14 years. She worked in the firm's banking, project finance, sovereign advisory and privatisation teams.

She developed Brown's initiative on Education for all, launched with Nelson Mandela. She was also behind International Finance Facility for Immunisation, the innovative scheme developed with the Gates Foundation to raise USD 4 billion through bond sales to immunize 500 million children against preventable diseases.

She said, "I am proud of DFID's (Department for International Development) track record and international leadership in the battle against poverty around the world. I am looking forward to working with DFID Secretary of State Douglas Alexander to carry on the government 's mission to help lift millions of people out of poverty.

She has been involved in a number of high-profile public private partnership consultations in Britain, most notably the privatisation and sell-off of the defence research company QinetiQ and the part-privatisation of the London Underground

She was born in Uganda and moved to India in 1970. She grew up in India then moved UK. She read Philosophy, Politics, and Economics at Somerville College, Oxford. She is apolitical and a hardcore bureaucrat



Shriti Vadera

British Prime Minister Gordon Brown appointed her as Parliamentary Under-Secretary of State in the Department for International Development on 29 June 2007.

Picture by Overseas development institute (ODI), Britain's leading independent think tank on international development and humanitarian issues.