Picture copyright Getty Photos Forme
Picture copyright
Getty Photos
Former Chancellor Sajid Javid has accepted a job with US financial institution JP Morgan.
Mr Javid left as chancellor in February after refusing to sack his advisers.
The row was a part of an influence battle with the Prime Minister’s chief adviser Dominic Cummings.
The job marks a return to banking for Mr Javid, and a return to a former employer. He labored there within the 1990s earlier than shifting to Deutsche Financial institution. Former Prime Minister Tony Blair additionally took a publish at JP Morgan after leaving workplace.
“We’re delighted to welcome Sajid again to JP Morgan as a senior adviser, and we sit up for drawing upon his in-depth understanding of the enterprise and financial surroundings to assist form our shopper technique throughout Europe,” the lender mentioned in an announcement.
The financial institution did not disclose his pay or hours, however mentioned the work would not intervene together with his duties as a member of parliament.
The job has been permitted by the UK’s Advisory Committee on Enterprise Appointments (ACOBA), which oversees jobs for former ministers and high civil servants.
The job as senior adviser on the financial institution’s advisory council for Europe, the Center East and Africa will see him be a part of former Italian economic system and finance minister Vittorio Grilli and former prime minister of Finland Esko Aho on the council.