Wadhwani has been a former member of the Bank of England’s independent Monetary Policy Committee (MPC).
PRAVASISAMWAD.COM
Sushil Wadhwani, an Indian-origin investment expert is among four financial specialists appointed to a new Economic Advisory Council by UK Chancellor Jeremy Hunt to meet regularly and act as a consultative forum to offer independent advice to the government, reported PTI.
Wadhwani, who heads PGIM Wadhwani asset management firm as Chief Investment Officer and has over 30 years of investment experience, has been a former member of the Bank of England’s independent Monetary Policy Committee (MPC). He joins Gertjan Vlieghe of Element Capital, who has also been a member of the MPC, Rupert Harrison of BlackRock and Karen Ward of JP Morgan asset management, who have experience of working with the past UK finance ministers.
Jeremy Hunt said the group would provide “more independent expert advice” to ministers. “I look forward to working with such an esteemed group of economic experts, whose advice will be invaluable,” said Hunt.
The UK Treasury said all members of the new 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.
*********************************************************************
Readers
These are extraordinary times. All of us have to rely on high-impact, trustworthy journalism. And this is especially true of the Indian Diaspora. Members of the Indian community overseas cannot be fed with inaccurate news.
Pravasi Samwad is a venture that has no shareholders. It is the result of an impassioned initiative of a handful of Indian journalists spread around the world. We have taken the small step forward with the pledge to provide news with accuracy, free from political and commercial influence. Our aim is to keep you, our readers, informed about developments at ‘home’ and across the world that affect you.
Please help us to keep our journalism independent and free.
In these difficult times, to run a news website requires finances. While every contribution, big or small, will makes a difference, we request our readers to put us in touch with advertisers worldwide. It will be a great help.
For more information: pravasisamwad00@gmail.com