Former British PM Rishi Sunak joins Goldman Sachs as adviser
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Mr Rishi Sunak was Britain's prime minister between October 2022 and July 2024.
PHOTO: REUTERS
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- Rishi Sunak joins Goldman Sachs as a senior advisor, offering expertise "on the macroeconomic and geopolitical landscape".
- Sunak, formerly UK Prime Minister, faced criticism over his wealth and background during his time in office.
- The Conservative Party, led by Sunak, lost the July 2024 election to Labour after 14 years in power.
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LONDON - Former UK Conservative Prime Minister Rishi Sunak has joined investment bank Goldman Sachs as a senior adviser, the company said in a statement on July 8.
Mr Sunak, who was prime minister between October 2022 and July 2024,
“I am excited to welcome Rishi back to Goldman Sachs in his new capacity as a Senior Adviser,” said Goldman Sachs chairman and chief executive David Solomon.
He will advise clients “on the macroeconomic and geopolitical landscape”, Mr Solomon added.
Mr Sunak was the third UK prime minister to take office in 2022, following Ms Liz Truss’ rapid demise and Mr Boris Johnson’s resignation before that.
After he took office, Mr Sunak faced criticism from political opponents over his vast family wealth and past career in investment funds, with some arguing that he was out of touch with the general population during a rampant cost-of-living crisis.
The Conservatives suffered a landslide defeat to Labour in July 2024, ending 14 years in power. AFP
