Former Treasury chief Rishi Sunak is set to succeed Liz Truss as British prime minister after being declared the next leader of the ruling Conservative Party on Monday.The 42-year-old, who the BBC said will become Britain's first prime minister of Asian descent, won the party leadership after his sole rival, Penny Mordaunt, leader of the House of Commons, withdrew from the race.Sunak, a former Goldman Sachs financier of Indian ancestry, was the only candidate to reach the threshold of 100 nominations from Conservative members of parliament.According to the BBC, Sunak was endorsed by over ha…READ FULL ARTICLE