Home Finance Olly Robbins Joins Investment Bank Goldman Sachs

Olly Robbins Joins Investment Bank Goldman Sachs

Olly Robbins, Britain’s former Brexit negotiator, will be joining US investment bank, Goldman Sachs. As per the news, he will be joining the US bank later in 2020 as a Managing Director. He had served as the chief Brexit negotiator and the Europe advisor of the former British PM Theresa May before he took over this offer. He has been offered a six-figure salary for the post. The appointment is confirmed by the Cabinet Office and approved by the advisory committee that screens post-government jobs for politicians.

Olly Robbins will be joining the US bank after a sabbatical at Oxford University. He will be designated with the Heywood Fellowship for the first time in the history of the University. This is a new Fellowship award established in the memory of Jeremy Heywood, the former Cabinet Secretary. His strong dedication towards work has earned him such a prestigious award.

He had served under 4 British Prime Ministers with utmost dedication and impartial attitude. Robbins headed talks that led the former British PM Theresa May’s withdrawal agreement that formed the basis of UK’s exit from the EU bloc. However, Prime Minister Theresa May repeatedly failed to garner enough support for this deal and she resigned earlier this year. Before resigning she granted knighthood to Robbins for his excellent dedication towards work. This did not stop the Brexiters to criticize Robbins. Despite owning all the credit for negotiating the Chequers deal, Robbins became unpopular amongst the Brexit supporters due to this withdrawal agreement. After Robbins announced that he would quit from this position, the new British PM Borris Johnson paid tribute to Robbin’s proposals and said that this deal would turn Britain into a “vassal state.”

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