Rishi Sunak will take on a new role as an adviser to Goldman Sachs, while still serving as a Member of Parliament. He will not lobby the government on behalf of the bank for one year and will donate his salary to the Richmond Project, a numeracy charity he established. Sunak's advisory role involves consulting clients on economic and geopolitical matters. The Advisory Committee on Business Appointments set conditions for the appointment, including a two-year lobbying ban after leaving ministerial office in July 2024. Goldman Sachs asserted that Sunak will not draw on privileged information from his prior political role.
Rishi Sunak is to take on a new job as an adviser to the investment bank Goldman Sachs while still serving as an MP. He will advise clients on economic and geopolitical interests. Sunak will give his salary from this role to the Richmond Project, a charity he set up to encourage numeracy. The Advisory Committee on Business Appointments (Acoba) set conditions, including a two-year lobbying ban from leaving ministerial office in July 2024.
Goldman Sachs expressed that Sunak's role will not involve lobbying and confirmed that he will not use privileged information from his time as prime minister. The bank communicated to Acoba its commitment to ensure that no conflicts of interest arise regarding Sunak's advisory capacity.
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