(Reuters) – Goldman Sachs announced on Tuesday the appointment of former British Prime Minister Rishi Sunak as main advisor, the American bank adding a politician and experienced leader to his team, while the sector crosses a period marked by geopolitical and regulatory uncertainties.

This appointment marks a homecoming for Rishi Sunak, the former head of state having previously worked for Goldman Sachs as an investment bank in 2000, then as an analyst between 2001 and 2004.

“As part of his duties, he will advise our customers around the world on a series of important subjects, by sharing his unique perspectives and his ideas on the macroeconomic and geopolitical landscape,” said Director General David Solomon in a statement.

This appointment corresponds to a well -established trend according to which former officials and elected officials find a second career in finance, where their political experience and their network are considered to be strategic assets.

Two former Chancellors of the chessboard also obtained jobs in the sector, George Osborne at Blackrock as an advisor and Sajid Javid as partner of the investment company Centricus.

Rishi Sunak was Prime Minister between October 2022 and July 2024, and Chancellor of the chessboard from February 2020 to July 2022.

He resigned from his duties as Prime Minister and leader of the Conservative Party last year, after a heavy defeat against the Labor Party of Keir Starmer, but retained his headquarters in the House of Commons.

(Written by NiKet Nishant in Bangalore, Mara Vîlcu for the , edited by Augustin Turpin)

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