Sajid Javid lands top role at US investment bank six months after quitting as chancellor
- Sajid Javid will join the European advisory team at JP Morgan asa senior adviser Sajid Javid lands role
- He will be advising clients on the economic landscape in Europe after Brexit
- The former Chancellor will be under strict rules over what he can divulge
Sajid Javid has landed a lucrative role as a senior adviser at an investment bank six Sajid Javid lands rolemonths after resigning as chancellor.
Following, Mr Javid, 50, left in a February reshuffle after Boris Johnson ordered
him to fire his team of aides.
Now he will join the European advisory team at JP Morgan, where
he started his career as a graduate in New York.
Sajid Javid, 50, left in a February re shuffle after Boris Johnson
ordered him to fire his team of aides
His pay cheque has not been disclosed but he will advise clients on the economic landscape in Europe after Brexit.
In order to Mr Javid follows in the footsteps of former prime minister Tony Blair,
who is paid £2million per year as a part-time global adviser for
JP Morgan. The ex-Chancellor will be under strict rules over what he
can divulge, especially privileged information gained as a
minister.Sajid Javid lands role
Earlier this year, JP Morgan posted the biggest annual profits of
any US bank in history – just shy of £28billion. Its 64-year-old
chief executive Jamie Dimon was the best paid banking boss for
a fifth year in a row, scooping £24million.
He will join the European advisory team at JP Morgan, where
he started his career as a graduate in New York. Pictured: The
JP Morgan headquarters in Manhattan
JP Morgan said: unless ‘We are delighted to welcome Sajid back to
JPMorgan as a senior adviser, and we look forward to drawing upon his in-depth understanding of the business and economic environment to help
shape our client strategy across Europe.’
Mr Javid joined JP Morgan after leaving university in its currencies
and emerging markets businesses, before later moving to Deutsche Bank.
He became a Conservative MP in 2010, serving as business secretary
in 2015, before becoming Home Secretary and then Chancellor.
He was succeeded by Rishi Sunak who took over a Chancellor in February.