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Business Goldman Sachs alumni and newly instated UK prime minister—Rishi Sunak

Goldman Sachs alumni and newly instated UK prime minister—Rishi Sunak (Photo by Jeff J Mitchell/Getty Images)

By Savannah Young Leaders Staff

Savannah Young

Savannah Young

News Writer

Savannah Young is a news writer for Leaders Media. Previously, she was a digital reporter for WATE Channel 6 (ABC)...

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Oct 25, 2022

Putting the Goldman in G-7

Former Goldman Sachs officials have held a top G-7 position almost continuously since 2005.

Key Details

  • Goldman Sachs has a big reputation of alumni who have held top government roles—and with the new British prime minister, the tradition is continuing.
  • The UK’s upcoming prime minister adds to the long line of Goldman Sachs employees to hold top G-7 jobs.
  • Since the end of 2005, there have been only days in which a Goldman Sachs alumnus didn’t hold the position of prime minister, finance minister or central bank chief in a G-7 country, according to Bloomberg writers Simon Kennedy and Demetrios Pogkas.
  • With the upcoming instatement of Rishi Sunak Goldman continues to have a strong line in government roles.

Why it’s news

Goldman Sachs is a leading global investment bank that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals, according to the company website.

The company has a long list of notable alumni and many have played a role as a government official. Since December of 2005 there has always been a Goldman Sachs alumnus serving as a G-7 prime minister, finance minister, or central bank chief.

The G-7 is a grouping of the world’s most advanced economies including: Canada, France, Germany, Italy, Japan, the United Kingdom, the U.S., and the European Union.

Rishi Sunak is the UK’s prime minister—making him the newest addition to Goldman’s long line of G-7 government alumni. 

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