Nearly two decades after launching his career at Goldman Sachs, former UK Prime Minister Rishi Sunak is returning to the Wall Street giant, this time in a senior advisory role.
Goldman Sachs CEO David Solomon announced Tuesday that Sunak will join the firm to provide strategic counsel on macroeconomic and geopolitical matters. Sunak began his professional journey at the bank as a summer intern while studying at Oxford in 2000, before joining full-time as a junior analyst from 2001 to 2004. Sunak then worked at TCI, the activist hedge fund founded by billionaire Chris Hohn, and its spinoff, Theleme Partners.
Sunak’s return to the private sector comes after a period of reflection following the Conservative Party’s historic defeat in the July 2024 general election. Despite stepping away from frontline politics, Sunak remains a Member of Parliament and works with the Richmond Project, a UK charity he co-founded with his wife, Akshata Murty, focused on improving numeracy skills nationwide. The couple’s estimated net worth is £600 million.
Sunak’s appointment at Goldman required the review of the UK government’s Advisory Committee on Business Appointments, which approved the role under restrictions to avoid potential conflicts of interest. Sunak is barred from lobbying on Goldman’s behalf for the next year or advising on government contracts.
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