Former British Prime Minister Rishi Sunak has rejoined Goldman Sachs as a senior adviser, enhancing the financial giant’s strategic insights into global economic and geopolitical matters. The announcement was made by Goldman Sachs CEO David Solomon, who praised Sunak’s ability to provide unique perspectives on these complex issues.
Sunak’s role will involve working closely with Goldman’s leadership team in New York to advise the firm’s clients worldwide. This position marks a return to familiar territory for Sunak, who initially joined Goldman Sachs as a summer intern in investment banking in 2000, later working as an analyst from 2001 to 2004.
A Political and Financial Career
Rishi Sunak’s career trajectory has been notable for its blend of finance and politics. Before his tenure as Prime Minister, Sunak served as Chancellor of the Exchequer from February 2020 to July 2022. His political career began in earnest in 2015 when he was elected as a Member of Parliament for Richmond and Northallerton in northern England, a position he continues to hold.
Despite leading the Conservative Party to a significant defeat in the last general election, Sunak reaffirmed his commitment to his parliamentary role, pledging to remain an MP throughout the next legislative term. The next general election could be called as late as mid-2029 by his successor, Labour Party leader Keir Starmer.
Personal and Professional Wealth
Sunak’s personal wealth and connections also contribute to his profile. He is married to Akshata Murty, the daughter of an Indian tech billionaire, with their combined fortune estimated at £640 million according to the Sunday Times’ rich list. This financial background complements his professional experience, which includes co-founding an investment firm that collaborates with international companies.
Sunak’s return to Goldman Sachs symbolizes a significant melding of his extensive political experience with his financial acumen, promising to offer valuable insights to the firm’s global clientele. His journey from the political arena back to the financial sector may influence both areas significantly.
