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Goldman Sachs Names New Co-Head of its Internal Client Services Initiative

George PaulNews
Kim Posnett

Kim Posnett. Image credit: Kim Posnett, Linkedin

Goldman Sachs has appointed Kim Posnett as the Co-Head of One Goldman Sachs, an internal client services initiative.

Posnett and Sam Morgan, the initiative’s other co-head, will work to improve how the bank serves some of its biggest clients by integrating some of its business divisions, according to a memo seen by Reuters.

Alongside this new responsibility, Posnett will continue to lead investment banking services. She currently serves as Goldman Sachs’ Global Head of Investment Banking Services, where she drives the bank's client coverage strategy.

A 16- year veteran of Goldman Sachs, Posnett is a member of the banks Partnership Committee, the Firmwide Client and Business Standards Committee, and the Investment Banking Executive Committee, and the Investment Banking Division Diversity Committee in the Americas.

One Goldman Sachs is a central part of Goldman Sachs’ future growth plan. CEO David Solomon hopes that improved collaboration between the bank’s divisions will help the company win more business from existing clients and stated that it aimed for "more consistent and durable revenues."

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