David Solomon, Chairman and CEO of Goldman Sachs, expressed his enthusiasm, stating, “I am excited to welcome Rishi back” to the firm. Solomon added that Sunak will also “spend time with our people around the world, contributing to our culture of ongoing learning and development.”

The one-time world leader will work part time for the investment bank as a senior adviser while remaining a lawmaker.

Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street bank said on Tuesday, taking a new post a year after he led the Conservatives to a crushing electoral defeat.