Former UK prime minister Rishi Sunak is set to return to Wall Street as he joins Goldman Sachs in the role of senior adviser, according to a report by the Financial Times published on Tuesday.
This marks Sunak's first major professional move since stepping down as Conservative Party leader following the July 2024 general election.
The role represents a homecoming of sorts for Sunak, who began his career at Goldman Sachs as a summer intern and junior analyst between 2001 and 2004. According to the Financial Times, he will now advise the firm’s leadership and clients on geopolitical and economic issues.
“I am excited to welcome Rishi back to Goldman Sachs in his new capacity as a senior adviser,” Goldman Sachs CEO David Solomon told the Financial Times. “He will work with Goldman executives to advise clients on geopolitical and economic issues. He will also spend time with our people around the world, contributing to our culture of ongoing learning and development.”
First major role since political defeat
Sunak, who remains the MP for Richmond and Northallerton, has mostly stayed out of the public spotlight since the Conservative Party's landslide defeat in the 2024 general election, where the party fell from 365 seats in 2019 to just 121—its worst result in a century.
Sunak resigned as Britain's Prime Minister and party leader shortly after the results were declared.
Sunak served as UK prime minister from October 2022 to July 2024, taking office after Liz Truss’s short-lived tenure and leading Britain through a period marked by economic strain, industrial unrest, and rising global tensions.
His decision to call a snap election in July 2024 proved disastrous, handing Labour a historic victory and bringing an abrupt end to his leadership.
Earlier this year, Sunak accepted roles at Oxford University and Stanford University, but has said he will continue to serve in Parliament from the backbenches for the remainder of this term.
Sunak and his wife, Akshata Murty, have a combined net worth of £640 million, according to the Sunday Times Rich List. Most of their wealth comes from Murty’s stake in Infosys, the Indian tech giant co-founded by her father, Narayana Murthy.
The Financial Times reported that Sunak will donate his earnings from Goldman Sachs to the Richmond Project, a charity he and his wife established to improve numeracy skills in the UK.
After leaving Goldman Sachs in 2004, Sunak worked for the hedge fund TCI, founded by billionaire Chris Hohn, and later at its spin-off, Theleme Partners, before entering politics in 2015.
This marks Sunak's first major professional move since stepping down as Conservative Party leader following the July 2024 general election.
The role represents a homecoming of sorts for Sunak, who began his career at Goldman Sachs as a summer intern and junior analyst between 2001 and 2004. According to the Financial Times, he will now advise the firm’s leadership and clients on geopolitical and economic issues.
“I am excited to welcome Rishi back to Goldman Sachs in his new capacity as a senior adviser,” Goldman Sachs CEO David Solomon told the Financial Times. “He will work with Goldman executives to advise clients on geopolitical and economic issues. He will also spend time with our people around the world, contributing to our culture of ongoing learning and development.”
First major role since political defeat
Sunak, who remains the MP for Richmond and Northallerton, has mostly stayed out of the public spotlight since the Conservative Party's landslide defeat in the 2024 general election, where the party fell from 365 seats in 2019 to just 121—its worst result in a century.
Sunak resigned as Britain's Prime Minister and party leader shortly after the results were declared.
Sunak served as UK prime minister from October 2022 to July 2024, taking office after Liz Truss’s short-lived tenure and leading Britain through a period marked by economic strain, industrial unrest, and rising global tensions.
His decision to call a snap election in July 2024 proved disastrous, handing Labour a historic victory and bringing an abrupt end to his leadership.
Earlier this year, Sunak accepted roles at Oxford University and Stanford University, but has said he will continue to serve in Parliament from the backbenches for the remainder of this term.
Sunak and his wife, Akshata Murty, have a combined net worth of £640 million, according to the Sunday Times Rich List. Most of their wealth comes from Murty’s stake in Infosys, the Indian tech giant co-founded by her father, Narayana Murthy.
The Financial Times reported that Sunak will donate his earnings from Goldman Sachs to the Richmond Project, a charity he and his wife established to improve numeracy skills in the UK.
After leaving Goldman Sachs in 2004, Sunak worked for the hedge fund TCI, founded by billionaire Chris Hohn, and later at its spin-off, Theleme Partners, before entering politics in 2015.
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