Former federal treasurer Josh Frydenberg has been appointed to chair investment bank Goldman Sachs' Australian business.
Mr Frydenberg joined the firm as an adviser last year after losing his blue-ribbon Liberal seat of Kooyong in Melbourne to teal independent Monique Ryan.
Before joining the investment bank, he served as treasurer throughout the pandemic under the Morrison government.
He was elected to parliament in 2010 and served in several senior positions, including as minister for environment and energy, before becoming treasurer in 2018.
A statement released by Goldman Sachs said Mr Frydenberg would focus on "deepening and strengthening client coverage across the Australia and New Zealand region".
"He will continue to offer advice on economic and geopolitical issues as the firm's senior regional advisor for Asia Pacific," the statement said.