Born & raised in Indore, India, Rajesh moved to London in 2001. He was appointed as the first ethnic minority Deputy Mayor for London for Business. As an entrepreneur, he founded RationalFX in 2005, and Xendpay in 2014, both companies utilising technology to reduce the cost of international money transfer for businesses and individuals. RationalFX started as a two-person company and grew to become one of the leading foreign exchange provider in Europe.
Rajesh is passionate about promoting entrepreneurship and creating opportunities for young people. He is the Chair of Oxfam’s Enterprise Development Programme, a Patron of the Prince’s Trust & a former Trustee of the Cherie Blair Foundation for Women.
In June 2016, Rajesh was appointed as Deputy Mayor of London for business. As Deputy Mayor Rajesh aims to be a strong voice for London’s business community, protecting jobs and growth, and ensuring that the capital remains the most open and attractive place to do business in the world.
1 Which place, or city or country do you most feel at home in?
I feel at home wherever I am! India is where I was born, raised and my parents live. London is where I started my business, met my wife and both my children were born. Both the places are very close to my heart.
2 What are your proudest achievements? There are many! Part of my role is to bring foreign investment in London. Since 2015, investment from India coming into London has more than doubled!
3 What inspires you? Everyone who is passionate about what they do & work hard with honesty and integrity.
4 What has been biggest obstacle in your career?
I was appointed as Deputy Mayor 6 days after the Brexit referendum 2016. Nearly 3 years on it is still a challenge I battle every day.
5 Who has been the biggest influence on your career to date?
There is no one person but I have learned from so many people along the way.
6 What is the best aspect about your current role?
I get to give back to London - the city that gave me so much!
7 And the worst?
I love every aspect of my job but sometimes public sector red tape can really test the patience.
8 What are your long term goals?
To play my part in building a strong economy that works for everyone.
9 If you were Prime Minister, what one aspect would you change?
To put the country's interest above party's interest!
10 If you were marooned on a desert island, which historical figure would you like to spend your time with and why.
I think I would really enjoy the company of Gautam Buddha.