Goldman Sachs Group Inc appointed Australia's former Treasurer Josh Frydenberg as the bank's senior regional adviser for the Asia Pacific region on Thursday.
Frydenberg became one of the highest-ranking cabinet ministers to ever be voted out of parliament this year when he was ousted by independent Monique Ryan, a pediatric neurologist running for office for the first time, during elections in May.
"Josh's deep public and private sector experience, connectivity, and insight ... his significant understanding of geopolitical and economic issues will bring considerable value to our clients across the region and beyond," said Kevin Sneader, co-President of Goldman Sachs in Asia Pacific ex-Japan.Goldman Sachs was ranked second in terms of deal value for merger and acquisition advisory in Australia in the first half of 2022, having worked on $31.
Frydenberg led Australia's economic response to COVID-19 in the previous Liberal-National coalition government, including setting up pandemic payments and relaxing some corporate regulations. "I look forward to joining the team and contributing to the firm's leadership, its global capability, and its strength of client franchise," Frydenberg said in a statement.
Frydenberg was elected to the Australian Parliament in 2010 from Melbourne's Kooyong, and in August 2018 was appointed the treasurer. He was also a senior adviser to former Prime Minister John Howard and was previously a director of global banking at Deutsche Bank
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs CEO says recession risk high as company plans to slow hiringGoldman Sachs CEO David Solomon said factors, including high inflation and slower hiring, means the chance of a recession in the coming years is high.
Read more »
Op-Ed: Goldman Sachs CEO David Solomon on What Main Street and the Economy Need From CongressIt’s been over 20 years since Congress last reauthorized the Small Business Administration. The time is now, says Goldman Sachs CEO David Solomon.
Read more »
Goldman Sachs CEO says recession risk high as company plans to slow hiringGoldman Sachs CEO David Solomon said factors, including high inflation and slower hiring, means the chance of a recession in the coming years is high.
Read more »
Op-Ed: Goldman Sachs CEO David Solomon on What Main Street and the Economy Need From CongressIt’s been over 20 years since Congress last reauthorized the Small Business Administration. The time is now, says Goldman Sachs CEO David Solomon.
Read more »
Tuesday's trading: 5 things to knowSecond-quarter earning reports for big financial firms were mixed as Goldman Sachs reported a better-than-expected $7.39, or a 2.5% gain
Read more »
Former Warner Bros. Exec Launches Production Company Big Owl Pictures in AustraliaThe new company will produce all genres of unscripted content, as well as select scripted and film projects, with backing from Steve Luczo's private equity firm Balance Vector.
Read more »