Rishi Sunak Returns to Goldman Sachs in Senior Advisory Role
— Rishi Sunak returns to Goldman Sachs in a senior advisory role while continuing his public service.
Former UK Prime Minister Rishi Sunak has rejoined Goldman Sachs as a senior adviser, returning to the firm where he began his career in the early 2000s. His part-time role allows him to retain his seat in Parliament. Notably, Sunak will donate his salary from Goldman Sachs to the Richmond Project, a numeracy-focused charity he co-founded with his wife.
Goldman Sachs CEO David Solomon welcomed Sunak back, stating he will advise global clients on macroeconomics and geopolitics, while also participating in staff development initiatives worldwide. This move marks a full-circle moment for Sunak, who started as an analyst at Goldman before moving into hedge funds.
The Advisory Committee on Business Appointments (ACoBA) has restricted Sunak from lobbying the UK government for two years following his departure from office in July 2024. His appointment aligns with a broader trend of UK political figures, including George Osborne and Sajid Javid, transitioning to influential roles in the finance sector.
Since losing the 2024 general election, Sunak has remained active in public life, serving as an MP and taking on academic fellowships at Stanford and Oxford. His new role at Goldman Sachs underscores the increasingly blurred lines between politics and finance.
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