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Goldman has created the position for Michael Evans, who is one of the leading contenders to succeed Lloyd Blankfein as chairman and chief executive |
In a sign of the growing importance of developing countries at Goldman Sachs, the firm plans to appoint Michael Evans in a newly created position of global head of emerging markets.
In an unprecedented move, Evans’s remit includes all core businesses, such as investment banking and wealth and asset management, across the Goldman network.
Evans, who is chairman of Asia, as well as one of three vice-chairmen at the firm – posts he will keep – will run the emerging markets business from New York.
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