Andrew Griffith replaced as City minister by former HSBC executive

Bim Afolami takes over in Rish Sunak's major reshuffle

Elliot Gulliver-Needham
clock • 1 min read

Andrew Griffith has been replaced as City minister after just over a year in the role, as part of Prime Minister Rishi Sunak’s reshuffle.

Bim Afolami, former corporate lawyer at Freshfield Bruckhaus Derringer and HSBC executive within restructuring and strategy, has taken on the role. He was elected as MP for Hitchin and Harpenden in 2017. Griffith was promoted to financial secretary to the Treasury under the government of Liz Truss, before being moved to economic secretary to the Treasury by Sunak on 27 October last year. Griffith's new role is minister of state for science, research and innovation, replacing MP George Freeman. In a LinkedIn post, Griffith said: "We are on the forefront of revolutionary technologica...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Spring Statement 25: PISCES legislation to come in May

Spring Statement 25: PISCES legislation to come in May

Clarity on tax implications

Cristian Angeloni
clock 26 March 2025 • 1 min read
Spring Statement 25: Chancellor updates on welfare reform

Spring Statement 25: Chancellor updates on welfare reform

Office for Budget Responsibility confirms saving

Jaskeet Briah
clock 26 March 2025 • 4 min read
Spring Statement 25: No tax changes for advisers

Spring Statement 25: No tax changes for advisers

‘This statement does not contain any further tax increases’

Sahar Nazir
clock 26 March 2025 • 1 min read