London mayor picks Indian as his deputy

London, June 29

London's Pakistan-origin mayor Sadiq Khan today announced an India-born millionaire as his deputy for business to champion the city's financial interests amid the fall-out of the EU referendum.

Self-made millionaire Rajesh Agarwal, 39, grew up in India and went to London to set up foreign exchange giant RationalFX, which had a turnover of more than 1.3 billion pounds last year.

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He also founded international money transfer service Xendpay. “The mayor and I are determined to build a coalition that ensures the needs of business and financial services are at the fore during negotiations with the EU,” he said. — PTI