Goldman Sachs IB Co-head Steps Down
(17 November 2020 – United States) Gregg Lemkau, the co-head of Investment Banking (IB) at Goldman Sachs will step down from his position after three years’ service in this role.
Lemaku has earnt his respect through his success in the bank’s merger and acquisition department. Under his management, the bank was ranked among the top 20 financial advisors in 2019. His replacement, Jim Esposito, who currently serves as co-head of global markets, will take over Lemaku role in January.
“The pandemic has presented lucrative opportunities in investment banking, but at the same time has also presented its threats. Effective leadership is essential for banks to successfully manage risks and rewards” commented East & Partners Markets Analyst, Pierre Sokoya
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