Former UK Prime Minister Rishi Sunak has been appointed senior adviser at Goldman Sachs, marking a return to the global investment bank where he began his career over two decades ago. The move comes as financial institutions increasingly seek seasoned policymakers to help navigate a turbulent geopolitical and regulatory landscape.Goldman Sachs CEO David Solomon announced the appointment on Tuesday (July 08), stating that Sunak will advise the firm’s global clients on macroeconomic and geopolitical issues, while also engaging with teams across the organisation to support learning and development.
“This is not just a return—it’s a strategic reinforcement,” Solomon said. “Rishi brings a rare blend of public policy insight and financial acumen that will be invaluable to our clients and our people.”
Sunak first joined Goldman Sachs as a summer intern in 2000 and later worked as an analyst from 2001 to 2004. After leaving the firm, he held roles at hedge fund TCI and its offshoot, Theleme Partners, before entering politics.His appointment follows a well-trodden path of former UK Chancellors transitioning into finance, including George Osborne’s advisory role at BlackRock and Sajid Javid’s partnership at Centricus. With global markets facing heightened uncertainty, banks are increasingly turning to former policymakers for their strategic insight and international networks.
“This is not just a return—it’s a strategic reinforcement,” Solomon said. “Rishi brings a rare blend of public policy insight and financial acumen that will be invaluable to our clients and our people.”
Sunak first joined Goldman Sachs as a summer intern in 2000 and later worked as an analyst from 2001 to 2004. After leaving the firm, he held roles at hedge fund TCI and its offshoot, Theleme Partners, before entering politics.His appointment follows a well-trodden path of former UK Chancellors transitioning into finance, including George Osborne’s advisory role at BlackRock and Sajid Javid’s partnership at Centricus. With global markets facing heightened uncertainty, banks are increasingly turning to former policymakers for their strategic insight and international networks.
Sunak served as Chancellor of the Exchequer from 2020 to 2022 and as Prime Minister from October 2022 until July 2024, stepping down after a decisive electoral defeat to Labour’s Keir Starmer. Since then, he has maintained a low profile while continuing to serve as MP for Richmond and Northallerton.
This marks Sunak’s first major professional engagement since leaving office, signaling a new chapter in his post-political career.
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(Edited by : Ajay Vaishnav)
