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Goldman Sachs has named a new chief to lead diversity efforts

Jul 26, 2018, 02:14 IST

Crains New York

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  • Goldman Sachs has named Erika Irish Brown its new chief diversity officer.
  • Brown comes to Goldman from Bloomberg.
  • She replaces Anilu Vazquez-Ubarri, who joined private equity firm TPG in June.

Goldman Sachs has hired Erika Irish Brown as its new chief diversity officer, according to an internal memo seen by Business Insider on Wednesday.

Brown joins the bank from Bloomberg, where she served as their first-ever diversity and inclusion officer. She also led diversity hiring efforts at Bank of America and Lehman Brothers.

She replaces Anilu Vazquez-Ubarri who in June joined private equity firm TPG.

Brown, who will start at Goldman on July 30, joins the bank as incoming CEO David Solomon has pushed for more diversity among the senior ranks.

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Goldman on Monday said it had added more women to its powerful management committee.

And last week, Goldman said it had created a new diversity committee, chaired by Goldman's head of conflicts Gwen Libstag and its global head of electronic trading Liz Martin, to promote more diverse business leaders across the firm.

READ MORE: Goldman Sachs just named its next CEO - here are the execs who will be in and out, according to a dozen insiders.

NOW WATCH: This socially responsible investor says what a company does is even more important than how they do it

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