Carey Halio, Goldman Sachs’ The head of strategy and investor relations is becoming the bank’s global treasurer, according to people familiar with the situation.
Her new role, effective June 1, includes oversight of the company’s more than $1.6 trillion balance sheet and her responsibilities include overseeing the firm’s liquidity, financing and capital. She will report to Denis Coleman, CFO of Goldman Sachs.
Philip Berlinski, the previous global treasurer, is leaving the bank to become co-chief operating officer of Millennium Management, a $62 billion hedge fund, according to a report Financial Times.
As part of his new role, Halio will oversee a team of about 900 people, people familiar with the matter said. She will also serve on the management committee.
“As a long-term leader of the firm with experience working across several of our divisions and partnering with leaders across the organization to advance our strategic priorities, Carey brings important experience and perspective to her new role,” said Goldman Sachs CEO David Solomon. memo obtained by CNBC. “Carey will continue to provide interim oversight for our company-wide strategy team.”
Prior to his role in strategy and investor relations, Halio was CEO of Goldman Sachs Bank USA and Deputy Treasurer of Goldman Sachs. She joined the firm in 1999 as a summer credit risk associate and returned to the company the following year, eventually becoming head of the Financial Institutions of America credit risk group.
Jehan Ilahi, who has worked with Halio for many years in strategy and investor relations, will become head of investor relations.
Goldman Sachs is scheduled to report first-quarter earnings on Monday.