Former British PM Rishi Sunak Returns to Goldman Sachs in Advisory Role: What Does This Mean for the Market?

Former British prime minister Rishi Sunak is returning to Goldman Sachs in an advisory role, a year after leading the Conservatives to a crushing defeat. Sunak, who previously worked at Goldman as an analyst, is known for his financial services background and family wealth. He has remained out of the spotlight since resigning as party leader.

Goldman’s hiring of Sunak, a former finance minister, adds to a trend of senior politicians moving to finance roles. CEO David Solomon welcomed Sunak back, highlighting his expertise in macroeconomic and geopolitical landscapes. Other former British finance ministers, George Osborne and Sajid Javid, have also transitioned to finance positions in other firms.

Read more at Yahoo Finance: Former British PM Rishi Sunak rejoins Goldman Sachs as adviser