Shriti Vadera, Baroness Vadera

The Right Honourable The Baroness Vadera PC
Personal details
Born	Shriti Vadera 23 June 1962 Uganda
Political party	Labour
Occupation	Politician
Profession	Banker

Shriti Vadera, Baroness Vadera, PC (born 23 June 1962) is a British investment banker and politician. Until September 2009, she was a government minister jointly for the Department for Business, Innovation and Skills and the Cabinet Office. She has been Chairwoman of Santander UK since March 2015.

She was born in Uganda in 1962 into a family of Indian origin.

She is from a family who owned a small tea plantation but fled to India in 1972 following the Ugandan government's expulsion of Ugandan Asians, and then later to the UK. She was educated at Northwood College before taking a degree in Philosophy, Politics, and Economics at Somerville College, Oxford.

For over 14 years Vadera was employed at investment bank UBS Warburg, where her work included advising governments of developing countries, and debt relief and restructuring. She also played a role in the partial privatisation of South African Telecom.

Following his appointment as Prime Minister in June 2007, Gordon Brown appointed her as Parliamentary Under-Secretary of State in the Department for International Development. As she was not a member of either of the Houses of Parliament, she was created a life peer on 11 July 2007 as Baroness Vadera, of Holland Park in the Royal Borough of Kensington and Chelsea.The Sunday Times reported that the Cabinet Secretary "flatly refus[ed] to allow her to cross the threshold of No 10 as policy enforcer" and "no Permanent Secretary could stand her" – although the Cabinet Secretary denied making these comments.

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