Rajesh Agrawal

Mayor of London Sadiq Khan appoints fintech entrepreneur Rajesh Agrawal as deputy for business

The Mayor of London Sadiq Khan has appointed fintech entrepreneur Rajesh Agrawal as his deputy mayor for business to protect jobs following the EU referendum.

The newly appointee, Rajesh Agrawal, is the founder of Xendpay, an international money transfer service, and RationalFX, an online foreign exchange service.

His role is to champion London’s interests by protecting jobs and growth while the EU negotiation process takes place.

The Mayor is calling for Britain and London to remain part of the European single market and to be granted more autonomy in safeguarding its business interests.

This includes more control over skills, infrastructure, housing and planning.

Sadiq Khan said: “I’ve pledged to be the most business-friendly Mayor that London has ever had, and it is now more vital than ever that we act robustly from City Hall to protect our economy from the current uncertainty. 

“London must stay in the single market and be given more powers to ensure we can remain competitive, in order to attract the global enterprise that London’s prosperity relies on.

“Having arrived in London equipped with the ambition to succeed, Rajesh has created a multi-million pound business 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.”

Rajesh Agrawal adds: “These are extraordinary times and with this comes clear opportunities to reshape our city’s business landscape. We must champion London’s business at home and abroad, whilst equipping our young people for success, tackling rising business and housing costs and securing critical future infrastructure investment.”

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