The Rt. Hon. Kwasi Kwarteng, MP has been appointed the first black Finance Minister in Britain, otherwise known as UK Chancellor of the Exchequer.

The new role of the British-born Ghanaian was announced today, September 6, 2022, by the office of Britain’s new Prime Minister, Liz Truss.

Until this fresh appointment, Rt. Hon. Kwarteng was the Secretary of State at the Department of Business, Energy and Industrial Strategy, having served in his previous role as Minister of State of the same Department.