![Goldman Sachs promotes Carey Halio](https://image.cnbcfm.com/api/v1/image/107399788-17128352661712835264-34080255791-1080pnbcnews.jpg?v=1712835265&w=750&h=422&vtcrop=y)
Carey Halio, Goldman Sachs’ head of strategy and investor relations, is getting promoted to global treasurer on the bank, according to people acquainted with the matter.
Her recent role, effective June 1, encompasses authority over the firm’s greater than $1.6 trillion balance sheet, with responsibilities including overseeing the firm’s liquidity, funding and capital. She is going to report to Denis Coleman, Goldman Sachs’ chief financial officer.
Philip Berlinski, the previous global treasurer, is leaving the bank to grow to be co-chief operating officer of Millennium Management, a $62 billion hedge fund, according to the Financial Times.
As a part of her recent role, Halio will oversee a team of about 900 people, the people familiar said. She will even serve on the management committee.
“As a tenured leader of the firm with experience working in several of our divisions and partnering with leaders across the organization to drive our strategic priorities forward, Carey will bring essential expertise and perspectives to her recent role,” Goldman Sachs CEO David Solomon said in a memo, obtained by CNBC. “Carey will proceed to oversee our Firmwide Strategy team on an interim basis.”
Before running strategy and investor relations, Halio was the CEO of Goldman Sachs Bank USA and deputy treasurer of Goldman Sachs. She joined the firm in 1999 as a summer associate in credit risk and rejoined the next 12 months, ultimately becoming the top of the Americas Financial Institutions team in credit risk.
Jehan Ilahi, who worked with Halio for years in strategy and investor relations, will grow to be head of investor relations.
Goldman Sachs is slated to report first-quarter earnings Monday.