(Commonwealth_Europe) Rishi Sunak is making a return to the world of finance, taking up a senior advisory position at Goldman Sachs—a move that marks both a personal and professional homecoming. Before rising to the top of British politics, Sunak began his career at the same Wall Street giant as a young analyst in the early 2000s. Over the following two decades, he would build an impressive resume in hedge funds and, eventually, at the highest levels of government. Now, after stepping back from political life, he brings his years of experience back to the private sector.
Though he continues to serve as a Conservative MP for a northern England constituency, Sunak’s attention appears to be shifting away from politics. His financial background, bolstered by significant personal wealth—his wife, Akshata Murthy, is the daughter of Indian tech billionaire Narayana Murthy—has always placed him in a unique position among Britain’s political elite.
Since stepping down as Conservative leader following the party’s historic electoral defeat in July last year, Sunak has kept a relatively low public profile. Earlier this year, he accepted academic posts at Oxford University and Stanford University, signalling a shift away from frontline politics. His return to Goldman Sachs is an important move back into global affairs, albeit from a different platform.
In a statement, Goldman Sachs CEO David Solomon expressed enthusiasm about Sunak’s new role. “I am excited to welcome Rishi back to Goldman Sachs,” Solomon said. “In his role, he will work with leaders across the firm to advise our clients globally on a range of important topics, sharing his unique perspectives and insights on the macroeconomic and geopolitical landscape.”
Sunak’s move aligns with a broader trend of former UK politicians transitioning into the finance world. Past chancellors George Osborne and Sajid Javid have also made parallel moves—Osborne holding parts at BlackRock and advisory firm Robey Warshaw, and Javid becoming an associate at investment firm Centricus. For major financial institutions, such appointments bring not only policy insight but also access to influential networks and a deep understanding of global economic dynamics.