London, 8 July 2025:
Former UK Prime Minister Rishi Sunak has gone back to where it all started because he has resumed his work in Goldman Sachs as a senior adviser, announced his first major step back into the work since quitting the office in July 2024 Sunak started his financial career in 2000, firstly, as a summer intern at Goldman, and then, as an analyst between 2001 and 2004.
Goldman CEO, David Solomon, in a statement, said Sunak will advise the clients around the world on macroeconomic and geopolitical matters and his unique perspectives and insights will be added to the firm advisory services. Such a shift is common among older statesmen moving into the world of finance Sunak is in a tradition that begins with George Osborne, the former Chancellor, and was followed by Sajid Javid, who also went to BlackRock and Centricus respectively as senior advisers.
Sunak resigned the office of the prime minister when the Conservatives were trounced by the Labour Party, led by Keir Starmer in July 2024, He intends to remain an MP of Richmond and Northallerton and work at Goldman Sachs as long as there is a one year government lobbying restriction by the UK Advisory Committee on Business Appointments (ACOBA).
Interestingly, Sunak has stated that he will give his earnings at Goldman Sachs to The Richmond Project, a charity that he and his wife Akshata Murty co-founded to help in supporting numeracy. He holds the academic position at Blavatnik School and the Hoover Institution of Stanford and a speaker at the Washington Speakers Bureau.
Such an appointment will bring Sunak back to the global financial circuit, after a period when geopolitical uncertainty and regulatory issues have made his experience in policy priorities so welcome. It represents Goldman Sachs inclination to experienced policy leaders during sophisticated changes in the world.
With his extensive experience in the fields of economics and international affairs, Sunak will become an effective stakeholder in his new place of work at Goldman Sachs. His position in politics, finance and academia show another trend that is gaining popularity: old political leaders who influence their image of global economical discourse. With Sunak returning to his advisory role, his performance may affect an outlook of political power transfer to dominant influences in the private sector.
