Goldman Sachs hires Alphabet tech incubator CEO Jared Cohen

Jared Cohen

Anjali Sundaram | CNBC

Goldman Sachs CEO David Solomon has employed one other senior government from the know-how sector.

The funding financial institution is including Alphabet’s Jared Cohen, a protege of former Google CEO Eric Schmidt and founding father of Jigsaw, an incubator on the tech big, to assist begin a brand new innovation group, Solomon mentioned Tuesday in a memo obtained by CNBC.

It is the newest step Solomon has taken to inject a know-how focus into the 153-year-old funding financial institution. The group, known as the workplace of utilized innovation, might be led by Cohen and co-chief info officer George Lee. In 2019, Solomon employed former Amazon Net Companies government Marco Argenti as co-chief info officer.

“Working carefully with leaders throughout Goldman Sachs, George and Jared will particularly establish and advance business alternatives for the agency which are on the intersection of a altering international market, shifts within the geopolitical panorama and quickly evolving know-how,” Solomon mentioned. They are going to report on to Solomon.

Cohen is becoming a member of New York-based Goldman at its senior-most rank: He’ll be a associate and administration committee member and also will function president of world affairs, Solomon mentioned.

The strikes depart Argenti as sole chief info officer, beginning in October, he added.

Written by trendingatoz

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