Shriti was born in 1962 in Uganda. She is a UK government minister, former advisor and former UBS Warburg investment banker.
From April 1999 to June 2007 she was an adviser to Gordon Brown during his time as Chancellor of the Exchequer and a member of the Treasury's Council of Economic Advisers. Brown appointed her as Parliamentary Under-Secretary of State in the Department for International Development on 29 June 2007.
For over 14 years Vadera was employed at investment bank UBS. She worked in the firm's banking, project finance, sovereign advisory and privatisation teams and, shortly before her move to the Treasury, was responsible for developing its business with the South African Government and the public sector.
Following his appointment as Prime Minister, Gordon Brown appointed her as Parliamentary Under-Secretary of State in the Department for International Development. As a Minister, she had to go into Parliament, and, lacking a seat in the House of Commons, she was created a life peer on 11 July 2007 as Baroness Vadera. She took her seat in the House of Lords that same day and After six months at DFID she was moved to the Department for Business, Enterprise and Regulatory Reform.