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Wall Street Giant Goldman Sachs Promotes Top Exec to Money Management Throne

  • ORIGINAL NEWS

Goldman Sachs promotes head of strategy and investor relations, Carey Halio, to global treasurer


  • SUMMARY

Goldman Sachs has announced that Carey Halio, their current head of strategy and investor relations, will be promoted to global treasurer effective June 1st.

This marks a significant shift in responsibility, as Halio will now oversee the firm’s vast balance sheet of over $1.6 trillion.

In her new role, Halio will be responsible for managing Goldman Sachs’ liquidity, funding, and capital, ensuring the smooth operation of the firm’s financial activities.

She will directly report to Chief Financial Officer Denis Coleman.

Halio’s promotion is part of a broader leadership shakeup at Goldman Sachs, as Philip Berlinski, the previous global treasurer, is departing the bank to pursue other opportunities.

Halio brings a wealth of experience and expertise to her new role.

Prior to her current position, she held leadership roles in Goldman Sachs Bank USA, and in the firm’s credit risk department.

She has also worked closely with the firm’s management committee to drive strategic priorities.

Goldman Sachs CEO David Solomon expressed confidence in Halio’s abilities, recognizing her “important expertise and perspectives” that she will bring to the role.

Halio will also continue to oversee the firm’s strategy team on an interim basis.

Jehan Ilahi, who worked closely with Halio in strategy and investor relations, will now become head of investor relations.

Goldman Sachs, known for its financial prowess, is expected to release its first-quarter earnings on Monday, which will provide further insights into the firm’s performance under Halio’s leadership.


  • NEWS SENTIMENT CHECK
  • Overall sentiment: positive
  • Positive



    “Carey Halio, Goldman Sachs’ head of strategy and investor relations, is getting promoted to global treasurer at the bank”

    “She’ll report to Chief Financial Officer Denis Coleman.”

    Negative



    “Philip Berlinski, the previous global treasurer, is leaving the bank.”

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