Goldman Sachs appoints new Asset Management chairman

14 September 2010

Goldman Sachs has announced the appointment of Jim O’Neill as the new chairman of its Asset Management unit.

According to the financial services provider, Mr O’Neill will move from his current role as Goldman Sach’s head of Global Economics, Commodities and Strategy Research to take on the new post.

He is expected to remain based in London and be responsible for leading the development of the division’s global investment strategies for clients as well as providing comment on trends surrounding this area.

In a statement, Ed Forst and Tim O’Neill, global co-heads of the Investment Management Division of Goldman Sachs, including Goldman Sachs Asset Management, said: “Jim brings broad experience across asset classes, a track record of identifying important investment trends and strong relationships with clients around the world.

“His powerful voice in the global investment community will help us continue to demonstrate the value we add for our clients.”

Prior to working for Goldman Sachs, Mr O’Neill has also held positions with other financial firms including Swiss Bank Corporation, Bank of America and International Treasury Management.

He also currently works for Goldman Sachs’ Senior Diversity Council.

By Jim Ottewill

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