Cllr Abhishek Sachdev was chosen to lead the Finances for the Conservative-led Hertsmere Borough Council in May 2021. He is the first-ever Asian Councillor to hold this position.
The role is akin to the ‘Chancellor’ for the Council and leads on the responsibility for all of the Council’s financial matters. The role involves joining the Executive Committee or ‘Cabinet’ of the Council. Cllr Sachdev also takes responsibility for the Council’s investment in it's wholly-owned subsidiary Elstree Film Studios which hosts leading productions like ‘The Crown’ and ‘Strictly Come Dancing’. Hertsmere Council has an annual expenditure of £60m and total assets of £168m.
Hertsmere Borough Council covers a wide region in Hertfordshire including Shenley, Radlett, Potters Bar, Elstree, Borehamwood and Bushey.
Cllr Abhishek Sachdev was also elected as the first Asian to Hertsmere Council in 2014; representing Potters Bar Parkfield. Commenting on his recent promotion, Cllr Abhishek Sachdev commented ‘I once again thank my Guru, Morari Bapu for his blessings and guiding light which drives me to help others in our community. I am looking forward to using the financial skills I use as CEO of Vedanta Hedging Ltd to help Hertsmere become even more financially resilient; particularly at this unprecedented time.
Cllr Morris Bright MBE, leader of the Council welcomed the appointment, ‘With his nationally recognised roles in holding financial companies and Local Authorities accountable, we will be well-served by his expertise.
Cllr Meenal Sachdev was also recently appointed as the Executive member and is responsible for Community, Leisure, Culture & Health; an important role now more than ever.
