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When she s leaving: End of March
Where she s headed: Sullivan & Cromwell
Karen Seymour, Goldman s general counsel who helped steer the bank through the headwinds of its damaging 1MDB crisis, is leaving the firm at the end of March. Seymour was also a partner and member of the bank s management committee.
She is returning to the law firm Sullivan & Cromwell, where she will be a partner, according to a memo sent by CEO David Solomon on Wednesday.
Seymour is a veteran of Sullivan & Cromwell, having been a co-managing partner in the firm s litigation group in the past. She also spent time as a prosecutor in the Southern District of New York. Seymour began her career at Sullivan & Cromwell in 1987, according to her LinkedIn page.
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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Susie Scher and Vivek Bantwal will become chairman and cohead of global financing, respectively. Goldman Sachs
Goldman Sachs on Wednesday announced leadership changes within its investment bank.
Susie Scher and Vivek Bantwal will become chairman and cohead of global financing, respectively.
Akila Raman, formerly the COO of global financing, will become COO of the investment bank.
Goldman Sachs investment-banking division is undergoing some leadership changes in senior positions.
A number of shifts are taking place within the division s financing group. The moves were announced in two internal memos, which were sent on Wednesday by senior bank leadership including Ashok Varadhan, a global cohead of the global markets division; Marc Nachmann, the other global cohead of the global markets division; and Da
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The investment-banking services unit at Goldman Sachs has been taken over by Kim Posnett, 43, the youngest and first woman to be solo leader of the group in its history.
Posnett previously served as a co-head of the team, which specializes in generating new client opportunities for the IBD.
The unit has become a key sector within Goldman s IBD, and has served as a breeding ground for high-profile executives.