Ex-cybersecurity boss joins red benches to become investment minister

The erstwhile brag of cybersecurity steadfast Darktrace has taken her spot successful the House of Lords, enabling her to go concern curate successful Sir Keir Starmer’s Government.

The assignment of Baroness Poppy Gustafsson to the Labour frontbench was announced up of past month’s planetary concern acme successful London.

The determination was seen arsenic a bid to show the Government’s committedness to strengthening ties with concern arsenic the medication looks to boost economical growth.

The 42-year-old co-founded Darktrace successful 2013.

Under her leadership, the institution saw important maturation and planetary enlargement starring to the institution being listed connected the London Stock Exchange successful 2021, earlier being sold for much than £4 billion.

Lady Gustafsson wore the accepted scarlet robes for the abbreviated instauration ceremonial successful the unelected chamber, wherever she swore the oath of allegiance to the King.

She was supported by chap Labour adjacent and subject curate Lord Vallance of Balham and autarkic crossbencher Baroness Lane-Fox of Soho, a co-founder of question website Lastminute.com and president of the British Chambers of Commerce.

Lady Gustafsson, a chartered accountant, received an OBE for services to cybersecurity successful 2019.

She studied maths astatine the University of Sheffield and is joined with 2 children.

The concern curate sits jointly nether the Department for Business and Trade and HM Treasury.

In her caller role, Lady Gustafsson volition oversee an expanded Office for Investment.