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Tuesday 20th March 2018

Former UK Brexit Negotiator to Join Goldman Sachs

Politics

7Dnews London

Tue, 10 Sep 2019 12:05 GMT

Former British Prime Minister Theresa May's chief Brexit negotiator Olly Robbins will join Goldman Sachs after a sabbatical, the UK Cabinet Office said on Tuesday September 10th.

According to Reuters, Robbins, a politically impartial government employee, spearheaded May's negotiations on a deal with the European Union that sought to manage the country's departure from the bloc.

Though the two sides succeeded in drawing up a Withdrawal Agreement last November, May repeatedly failed to garner enough support for it to pass through the UK parliament, and she resigned in July this year.

Robbins, 44, has attracted criticism from prominent Brexit supporters who accused him of being too pro-EU.

However, new Prime Minister Boris Johnson - who has himself said the deal would turn Britain into a "vassal state" - paid tribute to Robbins on Monday.

Before joining Goldman Sachs, Robbins will spend a sabbatical at the University of Oxford, becoming the first holder of a visiting fellowship set up in memory of former Cabinet Secretary Jeremy Heywood.

"I am delighted that Olly will be the first Permanent Secretary to take up this Fellowship in Jeremy Heywood's memory, which follows his many years of dedication to public service in a variety of different roles," Johnson said in a statement.

Robbins will then leave the civil service at the end of the fellowship to become a managing director in Goldman Sachs' Investment Banking Division.

He will join former European Commission President Jose Manuel Barroso, who is the non-executive chairman of Goldman Sachs International.

Europe