Goldman Sachs Group has made modifications on the prime of its pure sources funding banking crew, together with handing sole duty for main the group to Suhail Sikhtian, based on a memo seen by Reuters on Tuesday.
Sikhtian will probably be sole world head of pure sources funding banking going ahead, having served in a co-head capability since 2014, mentioned the memo, the contents of which have been confirmed by a financial institution spokeswoman.
Gonzalo Garcia, who had been collectively chargeable for pure sources funding banking, was earlier on Tuesday named co-head of Goldman’s funding banking division in Europe, the Middle East and Africa (EMEA).
Other modifications introduced in Tuesday’s memo embody the promotion of Brian Bolster and Francesco Pascuzzi to heads of pure sources funding banking in, respectively, the Americas and EMEA.
Both will retain their current duties, as world co-heads of energy and infrastructure funding banking. Pascuzzi can be the co-head of funding banking in Italy.
“This leadership structure will allow us to continue to invest in the sector and optimize our client coverage strategy to serve the strategic and financing needs of our clients,” the memo added.