Carey Halio, Goldman Sachs’ head of strategy and investor relations, is being promoted to global treasurer at the bank, taking on responsibilities for the firm’s more than $1.6 trillion balance sheet, overseeing liquidity, funding, and capital. Her new role, which begins on June 1, will report to the firm’s chief financial officer, Denis Coleman. The previous global treasurer, Philip Berlinski, is leaving to take on a role as co-chief operating officer of Millennium Management, a $62 billion hedge fund. In her new position, Halio will lead a team of about 900 people and serve on the management committee.
Halio has a long history at Goldman Sachs, starting as a summer associate in credit risk in 1999 and moving up to roles such as CEO of Goldman Sachs Bank USA and deputy treasurer. She also previously led the Americas Financial Institutions team in credit risk, showcasing her extensive experience in various areas of the firm. Jehan Ilahi, who has worked with Halio in strategy and investor relations, will be taking over as head of investor relations. As part of the changes within the organization, Goldman Sachs is set to report its first-quarter earnings on Monday, highlighting the transition within the bank’s leadership team.
The promotion of Halio to global treasurer reflects the bank’s confidence in her abilities to manage key aspects of the firm’s financial operations. With her background in strategy and investor relations, as well as her experience in credit risk and leading the Americas Financial Institutions team, Halio is well-equipped to take on this new role. The leadership changes also demonstrate the continued evolution of Goldman Sachs’ executive team and their focus on promoting talent from within the organization. As Halio steps into her new position, she will be tasked with overseeing the firm’s balance sheet and ensuring its liquidity, funding, and capital remain strong and secure.
As Halio transitions to global treasurer, she will be overseeing a team of approximately 900 people, emphasizing the importance of effective leadership and communication within the organization. Her role on the management committee further solidifies her position as a key decision-maker within the firm. With Jehan Ilahi taking on the role of head of investor relations, there is a continued focus on maintaining strong relationships with investors and stakeholders. As Goldman Sachs prepares to report its first-quarter earnings, the leadership changes and promotions signal a new chapter for the bank and its executive team.
Overall, Carey Halio’s promotion to global treasurer at Goldman Sachs marks a significant milestone in her career at the firm. With her diverse background and experience in various roles within the organization, Halio is well-positioned to succeed in her new responsibilities. The changes within the leadership team, including Jehan Ilahi taking on a new role in investor relations, reflect Goldman Sachs’ commitment to cultivating talent from within. As the bank continues to navigate the ever-changing financial landscape, having strong and capable leaders like Halio and Ilahi will be crucial to their success. The upcoming first-quarter earnings report will provide further insight into the bank’s performance and direction moving forward.
