Minister for Economic Competitiveness and Small Business (jointly with Cabinet Office)
Shriti Vadera was appointed Parliamentary Under-Secretary of State for Competitiveness and Small Business (jointly with Cabinet Office) in October 2008. She was previously Parliamentary Under-Secretary of State for Business and Competitiveness from January 2008.
Prior to that she spent 8 years on the Council of Economic Advisers, HM Treasury and was advisor to Gordon Brown when he was Chancellor of the Exchequer.
She was responsible for advising on business and city issues, productivity, enterprise, PPPs, public enterprises and amongst other things, was responsible for the creation of the Shareholder Executive, the Better Regulation Executive and initiating the Hampton, Barker, Eddington, Higgs, Myners and other Reviews.
She served as Parliamentary Under-Secretary of State for DfID from June 2007 to January 2008. She has 14 years’ experience as an investment banker, advising on banking, capital markets, project finance and corporate finance internationally.