UK's ex-PM Rishi Sunak rejoins banking world to donate salary to charity

Britain's former prime minister Rishi Sunak has rejoined the banking world as he took charge of a new role as Senior Adviser at the Goldman Sachs Group, with plans to donate his earnings to the education charity he recently set up with his wife Akshata Murty.

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The US-headquartered multinational investment bank where Sunak worked prior to entering politics made the announcement on Tuesday after the requisite 12-month period lapsed since the British Indian leader's ministerial office term concluded, following a defeat in the general election on July 4 last year.

The UK Advisory Committee on Business Appointments, which is required to sign off on jobs taken on by former ministers for at least two years after they leave office, gave its nod with a series of conditions "to mitigate the potential risks to the government" over the access of privileged information Sunak would have as a former PM.