Josh Frydenberg to chair Goldman Sachs

Former federal treasurer Josh Frydenberg has been appointed chair of Goldman Sachs' Australian business.

In this role, the former federal treasurer will focus on further deepening and strengthening client coverage across the two countries.

Further, he will continue to offer advice on economic and geopolitical issues as the senior regional advisor for Asia Pacific.

Frydenberg joined the investment banker to advise on the region last year.

In a memo, Goldman Sachs said that Frydenberg "focus on further deepening and strengthening client coverage across the A/NZ region."

"He will work closely with Simon Rothery, Nick Sims and Zac Fletcher to further enhance our Goldman Sachs client focus and our positioning as a trusted advisor to clients by delivering the entire firm," the memo said.

"Josh has had a distinguished political career in Australia. Most recently, he served as federal treasurer, where he was widely recognised for his management and leadership of the country's economy during the pandemic.

Frydenberg was elected to the Australian Parliament in 2010 and appointed treasurer of Australia in 2018.

He previously held several senior portfolios, including as minister for the Environment and Energy, minister for Resources, Energy and Northern Australia, assistant treasurer and parliamentary secretary to the Prime Minister.