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Goldman Sachs names Viniar as lead director, succeeding Ogunlesi By Reuters

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By Lananh Nguyen

NEW YORK (Reuters) -Goldman Sachs’ board named David Viniar as its subsequent unbiased lead director, succeeding Adebayo Ogunlesi when he steps down on the financial institution’s annual assembly in April, in keeping with a submitting on Friday.

Viniar joined the board in 2013 after serving as Goldman’s finance chief for greater than a decade. He will even turn into chair of the board’s governance committee.

Tom Montag will turn into chief of the board’s danger committee, in keeping with the submitting. He joined the group final yr after retiring as chief working officer at Financial institution of America in 2021. Earlier in his profession, Montag spent 22 years at Goldman, rising to co-head of its securities enterprise.

Ogunlesi will step down from Goldman’s board after BlackRock (NYSE:) introduced final week it could purchase World Infrastructure Companions, the place he additionally serves as chairman, for $12.5 billion. Ogunlesi will be a part of BlackRock’s board after the deal closes.

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