Former treasurer Josh Frydenberg has been appointed an adviser to funding financial institution Goldman Sachs following his federal election defeat.
Mr Frydenberg misplaced his blue-ribbon seat of Kooyong in Melbourne to teal impartial Dr Monique Ryan who had campaigned on sturdy local weather motion and for a nationwide integrity fee.
“I’m happy to hitch Goldman Sachs which is the pre-eminent mergers and acquisitions and capital markets adviser to purchasers globally. I sit up for becoming a member of the workforce and contributing to the agency’s management, its world functionality, and its power of consumer franchise,” Mr Frydenberg stated in a launched assertion on Thursday.
Goldman Sachs Asia Pacific president Kevin Sneader stated the previous treasurer brings “deep private and non-private sector expertise, connectivity, and perception”.
“His vital understanding of geopolitical and financial points will deliver appreciable worth to our purchasers throughout the area and past,” he stated.
The financial institution’s Australian chief government Simon Rothery stated: “Our Australian purchasers will tremendously profit from Josh’s insights and experience which have been gained from a formidable profession which incorporates expertise and views throughout a variety of sectors”.