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Sajid Javid was appointed on Wednesday to become Britain's first minority finance minister, bringing about an almost impossible reversal from a grass-roots background to running the fiscal power of the world's fifth largest economy.
Jawad, 49, whose parents are Muslim immigrants from Pakistan, first made his mark in the financial industry. He became Vice President of Chase Bank at the age of 25 and became a minister four years after he entered Parliament.
Jawad was an admirer of the former Prime Minister, Mrs Thatcher, whose enthusiasm for free markets and low tax policies seemed to have left a mark on him; he was usually reserved and not known for being eloquent, in sharp contrast to his new boss.
He also called for a substantial increase in investment in public infrastructure projects. The opposition Labour Party is more supportive of the policy than his Conservative Party.
Javert had to take over the task of managing the economy in a situation where Britain might be forced out of Europe; he had to choose the next Bank of England president and defend London's position as one of the world's two major financial centres.
Given that the UK economy is facing a slowdown and may even fall into recession, he may have to find ways to relax austerity policies. Some investors are worried about Britain's huge balance-of-payments deficit.
His appointment as chancellor of the exchequer showed Johnson's intention to intervene in the economy -- but also that he wanted someone to help him, rather than hindering his "do or die" commitment to leave Europe on October 31.


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