Conservative party treasurer Malik Karim has been appointed as an adviser on fundraising to the party chairman Nadhim Zahawi, a statement said.
Karim was appointed as treasurer by the prime minister in July 2021. He created a sustainable fundraising strategy for the Tories to prepare the party to fight elections, the statement added.
“I want to thank Malik for his hard work and full commitment throughout his time as Party Treasurer. He has been creative and effective in successfully executing major new events such as the inaugural Conservative Party City Dinner," said Rishi Sunak, prime minister and party leader.
Karim is the first person of colour to serve as treasurer of the party. He is a successful business leader and the founder and chief executive of Fenchurch Advisory, one of the country’s leading firms offering M&A advice to the financial services industry.
Zahawi said: “I look forward to continuing to work closely with Malik. I know we will all continue to draw on Malik’s experience and expertise as we become fighting fit for a General Election.”
Karim has a City career spanning almost four decades. Previously, he was a managing director of Credit Suisse/DLJ and was also a director of Kleinwort Benson.
He arrived in the UK as a refugee from Uganda in 1972 as part of the forced repatriation of Asians by dictator Idi Amin. He graduated from the University of Manchester with a BA and MA in Economics and qualified as a chartered accountant with Arthur Andersen.
“It has been an honour and a privilege to serve as Conservative party treasurer. Having remained to help provide continuity in Conservative Campaign Headquarters (CCHQ), this particular inflection point for the party feels like the right time to step away from the day-to-day responsibilities," said Karim.
"I will continue to serve our Party and look forward to working closely with Nadhim, his cabinet colleagues and CCHQ particularly to raise funds to fight the next General Election."
Moglai Bap and Mo Chara of Kneecap perform at Glastonbury Festival at Worthy Farm in Pilton, Somerset, Britain, June 28, 2025. REUTERS/Jaimi Joy
Police may probe anti-Israel comments at Glastonbury
BRITISH police said they were considering whether to launch an investigation after performers at Glastonbury Festival made anti-Israel comments during their shows.
"We are aware of the comments made by acts on the West Holts Stage at Glastonbury Festival this afternoon," Avon and Somerset Police, in western England, said on X late on Saturday (28).
Irish hip-hop group Kneecap and punk duo Bob Vylan made anti-Israeli chants in separate shows on the West Holts stage on Saturday. One of the members of Bob Vylan chanted "Death, death, to the IDF" in a reference to the Israel Defense Forces.
"Video evidence will be assessed by officers to determine whether any offences may have been committed that would require a criminal investigation," the police statement said.
The Israeli Embassy in Britain said it was "deeply disturbed by the inflammatory and hateful rhetoric expressed on stage at the Glastonbury Festival".
Prime minister Keir Starmer said earlier this month it was "not appropriate" for Kneecap to appear at Glastonbury.
The band's frontman Liam Óg Ó hAnnaidh was charged with a terrorism offence last month for allegedly displaying a flag in support of Iran-backed militant group Hezbollah at a concert in November. He has denied the charge.
A British government minister said it was appalling that the anti-Israel chants had been made at Glastonbury, and that the festival's organisers and the BBC broadcaster - which is showing the event - had questions to answer.
Health secretary Wes Streeting said he was also appalled by violence committed by Israeli settlers in the occupied West Bank.
"I'd also say to the Israeli Embassy, get your own house in order in terms of the conduct of your own citizens and the settlers in the West Bank," Streeting told Sky News.
"I wish they'd take the violence of their own citizens towards Palestinians more seriously," he said.
(Reuters)