The Goldman Sachs Shakeup Continues (And More People on the Move)

September 17, 2019 | News, People on the Move
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Goldman Chief Risk Officer Robin Vance is the latest executive to depart the firm

Goldman Sachs Group has announced the departure of another high-profile executive. According to Reuters, Robin Vance will step down from the role of Chief Risk Officer at the end of the year. Vance worked at Goldman Sachs for 25 years and managed risk standards since 2017.

“He has… been at the center of many of our most important and complex regulatory implementations where his leadership has consistently differentiated the firm,” Goldman CEO David Solomon wrote in a company memo.

The firm also announced that Brian Lee will takeover Vance’s position on November 4.

Another Goldman Sachs Group Departure

Vance’s departure comes just two weeks after co-head the firm’s securities division Marty Chavez announced his pending exit.

More People on the Move

Carlo di Florio – a former official at the SEC and FINRA – has joined ACA Compliance Group as the firm’s global chief services officer. Di Florio will establish and execute the company’s governance, risk and compliance services. Di Florio was the chief fisk and strategy officer at FINRA before joining the SEC in 2010. At the SEC, he was the director of the agency’s Office of Compliance Inspections and Examinations.

John Cryan is set to replace Ian Livingston as chairman of Man Group in January 2020. Cryan is the former CEO of Deutsche Bank who left the German bank in April 2018. Cryan spent three years trying to reverse the bank’s slide.

Sylvia Khatcherian, Bridgewater Associates’ deputy general counsel, is joining the board of legal tech firm Reynen Court. Khatcherian previously worked for 13 years as the global head of Morgan Stanley’s technology, privacy, IP, and e-commerce law division. She joined the hedge fund in 2015.

Muneera Carr is stepping down as CFO of Comerica Bank in October. A regulatory filing said that the bank has promoted James Herzog to the interim role. Herzog is Comerica’s executive vice president and treasurer. The firm is seeking a new CFO. Carr became CFO in November 2017 after seven years with the company.

 

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