INDIAN
WOMAN TO PLAY KEY ROLE IN DOWNING STREET
By Prasun Sonwalkar (26 June 2007)
Shriti
Vadera, currently a central figure in the Treasury presided over
by Chancellor Gordon Brown, is poised for a key role in 10, Downing
Street as Brown takes over as Britain's next Prime Minister today.
Vadera has overseen many of the more technical aspects of Treasury
policy. She managed the sale of government defense-research company
Qinetiq, the partial sale of the London Underground and arranged
a bond sale to raise money to vaccinate poor children in Africa.
Born
in Uganda, her family moved in the 1970s, first to India and then
to England, where she studied politics, philosophy and economics
at Somerville College, Oxford. She has held key financial and economic
positions in London's financial district.Currently an economic adviser
to Brown, Vadera is seen as a key figure behind-the-scenes who has
full confidence of Brown. She is the main point of contact between
the Treasury and the City, London's financial district.
A 40-something,
Vadera has been described in the corridors of Whitehall as "Gordon's
representative on earth" and is known as a forceful official
who often takes a higher profile in meetings than ministers due
to her expertise and political common sense.
Vadera
is on the board of trustees of Oxfam and has often advised Brown
on international development issues. Former minister Stephen Byers
once said of her: "Shriti's Shriti. She can be forceful and
sometimes she can be a real sweetie. She's a significant player
in Whitehall."
Martin
Vander Weyer, a former speech writer to Vadera, wrote in The Spectator
that she will be the most powerful woman with a paid job in Downing
Street since former prime minister Margaret Thatcher.
He
wrote: "The serious-minded but likeable thirty-something I
knew has transmuted into the assassin of Railtrack, the ass-kicker
of Transport for London, the axe-wielder from the Treasury whom
departmental ministers fear as acutely as they fear Gordon himself,
with whose total authority she speaks.
"The
frisson at the mention of her name - and the urge to be nasty about
her, neither 'portly' nor 'middle-aged' being strictly accurate
at that time are typical of Vadera's treatment by the media, a situation
which Westminster reporters say has arisen because, unlike pretty
well everyone else in that vicinity, she flatly refuses to talk
to them.
"The
Treasury offers no personal details about her, and she is so rarely
photographed that some Westminster hacks still can't pick her out
at parties.
"It
was her willingness to drive private-sector solutions to achieve
socialist objectives - plus her tenacity and technical competence
- that recommended Vadera to Brown. She became his chief negotiator
with the City and the business community, some of whom resented
her manner".
Vadera
is part of a brains trust that Brown has assiduously built over
the past decade. Many members of this fiercely loyal team were picked
before they turned 30. Besides Vadera, other members of the team
include Ed Balls, Ed Miliband and Damian MacBride.
The
buzz in Whitehall is that the influence of Vadera and other key
advisers to Brown will eclipse that of the ministers once the government
gets going under Brown. Vadera is expected to continue to remain
a big behind-the-scenes presence on public services and international
development.
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