Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer effective June 1.
Carey Halio Takes on The Global Treasurer Role at Goldman Sachs
According to CNBC, Halio, in her new role, will assume responsibility for overseeing the bank's extensive $1.6 trillion balance sheet, including managing liquidity, funding, and capital. She will report directly to Denis Coleman, the chief financial officer of the bank.
The previous global treasurer, Philip Berlinski, is departing from the bank to take on the role of co-chief operating officer at Millennium Management, a prominent hedge fund with assets totaling $62 billion. Sources told CNBC that Halio would lead a team of approximately 900 individuals and serve on the management committee.
Goldman Sachs CEO David Solomon expressed confidence in Halio's capabilities, citing her extensive leadership experience within the firm and her instrumental role in driving strategic initiatives forward.
Who Will Replace Casey Halio?
Casey Halio's journey at Goldman Sachs began in 1999 when she joined as a summer associate in credit risk. Over the years, she held several key positions, including CEO of Goldman Sachs Bank USA and deputy treasurer.
Following Halio's transition to global treasurer, Jehan Ilahi, who has collaborated closely with her in strategy and investor relations, will fill her role as head of strategy and investor relations.
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