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Goldman Sachs hires former British PM Sunak as senior adviser
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Goldman Sachs hires former British PM Sunak as senior adviser
Jul 8, 2025 7:06 AM

July 8 (Reuters) -

Goldman Sachs ( GS ) on Tuesday named former UK Prime

Minister Rishi Sunak its senior adviser, adding a veteran

policymaker to its roster as banks navigate rising geopolitical

and regulatory uncertainty.

For Sunak, the appointment marks a return to the bank

where he first worked as a summer intern in investment banking

in 2000 and later as an analyst between 2001 and 2004.

"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 CEO David Solomon said in a statement.

The move underscores a well-established career

trajectory in which former government officials often transition

to finance, where their policy background and global network are

seen as strategic assets.

Former Chancellors of the Exchequer George Osborne and

Sajid Javid also moved into the industry, with Osborne joining

BlackRock as an adviser and Javid becoming a partner at

investment firm Centricus.

Currently, banks are placing even greater value on such

experience as they seek to guide clients through an increasingly

complex geopolitical landscape.

Sunak was the UK's prime minister between October 2022 and

July 2024, and Chancellor of the Exchequer from February 2020 to

July 2022.

He resigned as prime minister and Conservative Party

leader last year after a heavy loss to Keir Starmer's Labour

Party. He is currently the MP for Richmond and Northallerton.

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