LONDON: The first Indian-origin British Prime Minister, the husband of the daughter of Infosys founder Narayana Murthy, is currently working part-time. He has been appointed as a senior advisor at Goldman Sachs. From now on, he will provide the bank's clients with the necessary advice based on his insights and perspectives on global politics and economics.
Sunak has not taken a break from politics despite his return to an executive job. He will continue as the MP for Richmond and Northallerton in Yorkshire. Sunak worked as an analyst at the same bank before entering politics. David Solomon, chairman and chief executive of Goldman Sachs, said he was delighted to welcome Rishi Sunak back.
The bank said Rishi will "spend time with our people around the world, contributing to our culture of ongoing learning and development". Rishi Sunak will donate all of his salary to 'The Richmond Project', a charity founded by Rishi and his wife Akshata Murthy earlier this year, which works to improve the study of numeracy across the UK.
The Advisory Committee on Business Appointments, which oversees the appointments of former ministers within two years of leaving office, says there are risks to Rishi's new job. Since Rishi was a former prime minister, Goldman Sachs could gain access to sensitive information.
Rishi will not be allowed to advise other governments or their bank dealings. Similarly, Rishi will not be allowed to advise those he was directly involved with while he was prime minister.