PanamaTimes

Wednesday, Oct 30, 2024

Sunak as UK PM Reinforces Goldman’s Hold on G-7 Top Jobs

Sunak as UK PM Reinforces Goldman’s Hold on G-7 Top 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.
Rishi Sunak is set to become UK prime minister as soon as Tuesday, making him the latest in a long line of former Goldman Sachs employees to become policy makers in the Group of Seven economies.

Since December 2005 until last Sunday, there has always been a Goldman Sachs alumnus serving as a G-7 prime minister, finance minister or central bank chief.

The run was only broken when Mario Draghi stood down Sunday as Italian premier.
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