Former Treasurer Josh Frydenberg Secures New Role
Ex-Politician Enters Business World
Frydenberg Joins Investment Bank
Former federal treasurer Josh Frydenberg has joined investment bank Goldman Sachs as a senior adviser, just months after losing his seat in parliament.
Frydenberg confirmed the appointment on LinkedIn, saying he was excited to join the firm and contribute to its Australian and global operations.
The ex-treasurer lost his seat to independent candidate Monique Ryan in the May election. He had held the seat of Kooyong for nine years.
Frydenberg's appointment to Goldman Sachs is a significant move for the investment bank, which has been seeking to strengthen its presence in Australia.
In his new role, Frydenberg is expected to provide advice on a range of issues, including economic policy, financial markets, and corporate strategy.
Frydenberg's recruitment is a coup for Goldman Sachs, which has been struggling to attract top talent in recent years. The firm has been hit by a series of scandals and lawsuits, and has seen a number of its senior executives leave.
Frydenberg's appointment is likely to be seen as a sign that Goldman Sachs is serious about rebuilding its reputation and expanding its business in Australia. It also suggests that Frydenberg is open to a career in the private sector, after spending more than a decade in politics.
The former treasurer is a highly respected figure in the Australian business community. He is seen as a competent and intelligent politician, with a strong understanding of economics and finance.
Frydenberg's appointment to Goldman Sachs is a significant development for both the investment bank and the former treasurer. It will be interesting to see how he performs in his new role, and whether he can help Goldman Sachs achieve its ambitious growth plans.
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