By Emmanuel Nduka
Goldman Sachs has named former British Prime Minister Rishi Sunak as a senior adviser, marking a return to the global investment bank where he began his career over two decades ago.
Sunak, who served as the UK’s Prime Minister from October 2022 to July 2024 and was previously Chancellor of the Exchequer, will provide strategic counsel to the firm’s clients on global macroeconomic and geopolitical issues. His appointment reflects Wall Street’s growing interest in recruiting seasoned policymakers amid mounting global uncertainty.
“In his role, he will … advise our clients globally on a range of important topics, sharing his unique perspectives and insights on the macroeconomic and geopolitical landscape,” Goldman Sachs CEO David Solomon said in a statement on Tuesday.
Sunak’s relationship with Goldman Sachs dates back to 2000, when he joined the bank as a summer intern in its investment banking division. He later worked there full-time as an analyst from 2001 to 2004.
His new role places him among a growing list of former UK finance ministers who have transitioned to the financial sector. George Osborne previously joined BlackRock as an adviser, while Sajid Javid became a partner at investment firm Centricus.
Sunak stepped down as prime minister and leader of the Conservative Party following a heavy electoral defeat to Labour’s Keir Starmer in July 2024. He currently serves as the Member of Parliament for Richmond and Northallerton.
The move underscores how global financial institutions are increasingly turning to experienced political figures to help navigate clients through a landscape shaped by rising regulation, shifting alliances, and geopolitical tensions.
