Goldman Sachs appoints Bryon Lake as Chief Transformation Officer

Banking & Finance
Webp dz2qp9feqc4zt25m2c692zxqr7op

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

David Solomon Chairman and Chief Executive Officer | Official website

The Goldman Sachs Group, Inc. (NYSE: GS) announced on July 22, 2024, that Bryon Lake will join the firm as Chief Transformation Officer for the Client Solutions Group within Goldman Sachs Asset Management. Lake will be based in New York and joins as a partner.

In this newly created role, Lake will collaborate with leadership across client channels to provide advice, design portfolio solutions, and extend Goldman Sachs Asset Management’s investment strategies to institutional investors and wealth management clients globally. He will focus on public markets, enhancing connectivity across functions, and optimizing resource alignment to accelerate growth initiatives.

Marc Nachmann, Global Head of Asset & Wealth Management at Goldman Sachs, stated, “As a top five active asset manager, we leverage our investment capabilities across the full spectrum of asset classes to deliver investment solutions that meet diverse and complex client needs. Bryon brings deep expertise in leading and growing asset management franchises and will play a key role in helping us continue to transform our business.”

The Client Solutions Group is responsible for global client strategy, capital formation, strategic partners, product strategy, and capital markets activities across the firm’s alternatives investments and public market investing teams. Goldman Sachs Asset Management is noted as the number one OCIO manager in the U.S., with more than $325 billion in AUS1; the number one insurance asset manager in the U.S., with $423 billion in general account assets2; and the number one SMA provider with over $360 billion in SMA AUS3.

Lake expressed his enthusiasm about joining Goldman Sachs: “Investor needs around the world are evolving at an increasingly rapid pace. I am thrilled to be joining a talented team to further build on their impressive capabilities.”

Lake joins from J.P. Morgan Asset Management where he was global head of ETF Solutions. His previous roles include key leadership positions at PowerShares and Invesco. He holds a degree in International Business with minors in Finance and Economics from Taylor University and serves on the board of Geneva School Manhattan.

Goldman Sachs Asset Management is a primary investing area within Goldman Sachs (NYSE: GS), delivering investment and advisory services across public and private markets for institutions, financial advisors, and individuals worldwide. The business focuses on partnership and shared success with its clients.

Media Contacts:

Tony Fratto

Tel: +1 212 902 5400

ORGANIZATIONS IN THIS STORY

LETTER TO THE EDITOR

Have a concern or an opinion about this story? Click below to share your thoughts.
Send a message

Community Newsmaker

Know of a story that needs to be covered? Pitch your story to The Business Daily.
Community Newsmaker

MORE NEWS