Rishi Sunak has been appointed as a senior advisor at Goldman Sachs after resigning as Prime Minister. He will work part-time, offering insights on global politics and economics while remaining an MP. Sunak's previous experience includes working at Goldman as an analyst. His salary will benefit his charitable initiative aimed at improving numeracy in the UK. The Advisory Committee on Business Appointments flagged risks associated with his prior government role and imposed restrictions on his advisory capacities, including abstaining from lobbying the UK government.
Former Prime Minister Rishi Sunak has joined Goldman Sachs as a senior advisor, bringing his unique political and economic insights to the firm. Sunak will advise clients part-time while still serving as the Conservative MP for Richmond and Northallerton.
Goldman Sachs' chairman David Solomon expressed excitement about Sunak's return, mentioning that he would contribute to the firm's ongoing learning culture while his salary is donated to his charity aimed at improving UK numeracy.
The Advisory Committee on Business Appointments raised concerns about potential risks, stating that Sunak's prior role as Prime Minister might grant Goldman Sachs unfair access to information.
Sunak's history with Goldman Sachs began in 2000 as an intern, followed by a role as an analyst until 2004. He co-founded an investment firm before becoming an MP.
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