Nadhim Zahawi, a British-Iraqi MP, has been chosen to oversee Britain's Covid-19 vaccine rollout. Alamy
Nadhim Zahawi, a British-Iraqi MP, has been chosen to oversee Britain's Covid-19 vaccine rollout. Alamy
Nadhim Zahawi, a British-Iraqi MP, has been chosen to oversee Britain's Covid-19 vaccine rollout. Alamy
Nadhim Zahawi, a British-Iraqi MP, has been chosen to oversee Britain's Covid-19 vaccine rollout. Alamy

Nadhim Zahawi – the Iraqi-born Briton in charge of the UK’s Covid vaccine drive


Thomas Harding
  • English
  • Arabic

The Iraqi-born British business minister asked by Boris Johnson to oversee the Covid-19 vaccination programme is facing the trickiest task of his parliamentary career.

The responsibility of ensuring that the millions of vaccines Britain has bought are distributed in line with correct priority and without major mishap, could herald the political arrival of Nadhim Zahawi, 53.

On the other hand, given Britain’s poor track record in dealing with the pandemic, the appointment could also lead to catastrophe and embarrassment.

Mr Zahawi's ability to engage adeptly with the media, as well as his extensive marketing experience, that has led the prime minister to loan the business minister to the health department.

The pair got to know each other well after Mr Zahawi organised a trip to Iraqi Kurdistan for Mr Johnson, when he was mayor of London in 2015. The MP is a Kurd who had business interests in the region, including serving as chief strategy officer for Gulf Keystone Petroleum.

Born in Baghdad in 1967 into an Iraqi Kurd family, the father of three acquired extensive business skills in Britain as co-founder of the international market research company YouGov.

A former adviser to Jeffery Archer, the politician and novelist, Mr Zahawi is comfortable working with the media and performs well in interviews. That will be an advantage for the Covid-19 programme with public opinion vital in persuading enough people to be vaccinated to achieve herd immunity. A key area to address with be tackling the anti-vaccination campaigners who will do all they can to undermine government efforts.

The vaccine rollout, subject to regulatory approval, will start before Christmas in the UK, and Mr Zahawi will oversee distribution through to next summer, serving as a joint minister between the health and business departments.

He has gone from a boyhood in Baghdad to a wealthy businessman – and Britain’s second highest earning MP.

His family were forced to flee Iraq in 1976 amid escalating conflict between the government in Baghdad and the Kurds. Mr Zahawi received a good private education in England that culminated in a degree in chemical engineering from University College London.

He worked as a marketing director before advising Archer, then co-founding YouGov in 2005 before he was elected as an MP for Stratford-on-Avon in 2010.

The politician, who is married with three children, was appointed education minister in Theresa May’s Conservative government in 2018.

Mr Zahawi gained media prominence a year earlier when he drew public attention to US President Donald Trump’s controversial executive order that banned travellers from numerous Middle Eastern countries from entering the US. Despite being a British citizen, the fact he was born in Iraq meant he was banned, as was his Iraqi-born wife Lana. This also prevented him from visiting his children at university in the US.

He argued strongly that the travel ban, focused primarily at Muslim countries, led to increased support for ISIS in Iraq and elsewhere, as did Mrs May’s failure to publicly criticise the measure.

Outside politics, he is a keen horse rider and show jumper. He owns and runs a riding school with his wife.

Helpfully, Mr Zahawi has a good relationship with his new boss, Matt Hancock, the Health Secretary. Nine years ago, they co-authored a book on the human behaviour behind the banking crash in 2007 called Masters of Nothing.

 


 

How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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