Rishi Sunak on Goldman Sachs
TL;DR
Rishi Sunak has taken a new role as a senior advisor to the Goldman Sachs group following his tenure as Prime Minister.
Key Points
Rishi Sunak joined Goldman Sachs as a senior advisor to the Group of Senior Advisers in July 2025.
His post-ministerial role required approval and ethical advice from the Advisory Committee on Business Appointments (ACOBA).
He previously held a role with the investment bank before becoming a Member of Parliament.
Summary
Rishi Sunak recently secured a position as a senior advisor to The Goldman Sachs Group, Inc., which was formalized after he stepped down as Prime Minister. The role involves his service on the Group of Senior Advisers, an arrangement that required him to seek and receive advice from the Advisory Committee on Business Appointments (ACOBA) regarding the move. He has stated he will advise on global markets and economic outlook, a capacity in which he reportedly earns a high hourly rate for his consultation services.
This post-prime ministerial engagement marks a return to advising the global investment bank, as he previously worked for Goldman Sachs before entering politics, a fact often raised by political opponents. His current advisory role, which he joined in July 2025, has been the subject of public scrutiny regarding potential conflicts of interest, leading to official government ethical clearance for the arrangement. He is not the first former senior government official to take such a position with the firm.
Frequently Asked Questions
Rishi Sunak currently serves as a senior advisor to The Goldman Sachs Group, Inc. following his departure from the premiership. He joined the Group of Senior Advisers in July 2025, a move that was ethically scrutinized. He advises on global markets and economic outlook.
Yes, Rishi Sunak was employed by Goldman Sachs prior to entering frontline politics. He worked as an analyst for the firm before leaving to pursue further education. His return in 2025 marked a second period of association.
The former Prime Minister had to seek and receive advice from the Advisory Committee on Business Appointments (ACOBA). ACOBA provided specific advice and conditions regarding the application to take up the role. This ensures ethical standards are met upon re-entering the private sector.
Sources4
Rishi Sunak joins Goldman Sachs as a Senior Advisor
Goldman Sachs pays £300 an hour for Rishi Sunak’s advice
Advice letter: Rishi Sunak member of the Group of Senior Advisers (The Goldman Sachs Group Inc)
Former UK prime minister Rishi Sunak returns to Goldman Sachs
* This is not an exhaustive list of sources.