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London's new deputy mayor for business is worth £90m

30th Jun 16 10:18 am

Who’s Rajesh Agrawal?

A self-made London businessman worth £90m has been appointed deputy mayor for business by London mayor Sadiq Khan.

Rajesh Agrawal founded Rational FX, which boasts a turnover of more than £1.3bn.

He’s going to help Khan address London businesses’ Brexit concerns.

Agrawal said: “I stepped on a plane for the first time 15 years ago to make the journey to London, and found a city that welcomed me with open arms and didn’t make me feel like a stranger. 

“This openness to talent and enterprise must not change as a result of the referendum. I share Sadiq’s belief that a thriving economy is critical to ensure that all Londoners can share in our great city’s future success. 

“The mayor and I are determined to build a coalition that ensures the needs of business and financial services are at the fore over the coming months of negotiations with the EU. My first priority will be to listen and engage with businesses, to hear their concerns and deliver reassurance.”

Khan said: “Having arrived in London equipped with the ambition to succeed, Rajesh has created a multi-million-pound businesses from scratch and knows first-hand the challenges that our business leaders face, and what it takes to be a successful entrepreneur.  I know that Rajesh is the best person for the job of protecting jobs and growth in London as we deal with the fallout of the referendum.”


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