<p><img src="https://static1.businessinsider.com/image/602567f82edd0f001a8d541a-2400/erika irish brown photo 2015.jpg" border="0" alt="Erika Irish Brown photo 2015" data-mce-source="Bloomberg" data-mce-caption="Erika Irish Brown, Goldman's chief diversity officer"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p><em>Here's a rundown of news on hires, exits, and promotions from the past week. Are we missing anyone' <a href="mailto:mmazzilli@insider.com" data-analytics-module="body_link" data-analytics-post-depth="20" data-uri="406bdd1dc3cd013b9280e17996c208ea">Let us know.</a></em></p><ul><li><strong>Ram Sundaram, </strong>a longtime <strong>Goldman Sachs</strong> executive who led the firm's currencies and emerging-markets business, <a href="https://www.businessinsider.com/ram-sundaram-goldman-sachs-structured-credit-chief-retiring-trading-2021-2">has left the firm.</a> The news was first reported by <a href="https://www.bloomberg.com/news/articles/2021-02-10/goldman-trading-whale-sundaram-exits-after-era-of-shrewd-deals'sref=5xrDvJna">Bloomberg</a>. Sundaram was involved in designing and selling trades Goldman did for the Malaysia development fund known as 1MDB trades, although he was never implicated in the scandal.</li><li><strong>Goldman Sachs</strong> hired <strong>Swati Bhatia,</strong> a former exec at Stripe, as a partner leading the bank's direct-to-consumer strategy, <a href="https://www.businessinsider.com/goldman-sachs-names-former-stripe-exec-head-direct-consumer-business-2021-2">according to an internal memo viewed by Insider</a>. In the same memo, Goldman also said it is elevating partner <strong>David Stark,</strong> who helped lead the firm's Apple Card launch and its acquisition of GM's credit-card portfolio, to head large partnerships within the consumer division.</li><li><strong>Brevan Howard</strong> poached mortgage trader <strong>Morad Masjedi</strong> from <strong>Goldman Sachs, </strong>where Masjedi spent 14 years, <a href="https://www.businessinsider.com/brevan-howard-hire-morad-masjedi-goldman-sachs-portfolio-manager-2021-2">sources told Insider</a>. Masjedi will run a mortgages-focused portfolio in New York for <strong>Alan Howard's</strong> $11 billion fund.</li><li><strong>Gregoire Vidal,</strong> formerly at <strong>ExodusPoint Capital</strong>, is also joining<strong> Brevan Howard,</strong> per Hedge Fund Alert. Vidal led business development for quantitative strategies at ExodusPoint<strong>.</strong></li><li><strong>Goldman Sachs</strong> is making moves in its human resources diversity and inclusion team. Chief Diversity Officer <strong>Erika Irish Brown's </strong>mandate has been expanded to include advising the firm's businesses on inclusive best practices, according to a memo seen by Insider.</li><li><strong>Megan Hogan,</strong> meanwhile<strong>, </strong><strong>Goldman's</strong> head of diversity recruiting, will now oversee the acquisition, promotion, and retention of diverse professionals across the bank.</li><li>Also within human resources at <strong>Goldman Sachs, </strong>the firm promoted head of Employee Relations <strong>Aime Hendricks</strong> to additionally lead its business partner team, per the same memo.<strong> </strong>UK-based <strong>James Fulton</strong>, the chief learning officer and global head of talent development, will now also serve as head of the talent group. </li><li><strong>JPMorgan</strong> has hired <strong>Chuka Umunna,</strong> a former member of parliament in the UK and the former head of European, Middle East, and Africa ESG consulting at PR firm <strong>Edelman</strong>, as <a href="https://www.fnlondon.com/articles/jpmorgan-hires-chuka-umunna-to-lead-esg-efforts-in-europe-20210210">its new head of ESG in Europe, according to Financial News</a>. </li><li>Japanese banking giant <strong>MUFG </strong>will have a new leader of its Americas business as of April. <strong>Kevin Cronin </strong>will take over the role as head of <strong>MUFG Union Bank</strong>, the bank <a href="https://www.prnewswire.com/news-releases/mufg-appoints-kevin-cronin-regional-executive-for-the-americas-president--ceo-of-mufg-americas-holdings-corporation-and-mufg-union-bank-na-301225085.html'tc=eml_cleartime">announced</a>. Cronin has spent nearly a decade at the firm<strong>, </strong>most recently as head of the corporate and investment bank in the Americas.</li><li><strong>Jeremy Balkin,</strong> <strong>HSBC's</strong> head of innovation for the firm's US business, has left the firm, Insider has learned. Balkin helped launch the <a href="https://www.businessinsider.com/inside-the-hsbc-branch-on-new-york-citys-tony-fifth-avenue-where-pepper-the-robot-cracks-jokes-and-gives-directions-to-the-nearest-pizza-shop-2018-6">Softbank-created banker robot Pepper</a> in select HSBC branches in 2019.</li><li>Meanwhile,<strong> Daniel Klier, HSBC's</strong> head of sustainable finance, will become the president of sustainable investment advisory firm <strong>The</strong> <strong>Arabesque Group </strong>effective in June, the firm <a href="https://www.arabesque.com/2021/02/12/daniel-klier-to-join-arabesque-as-new-ceo-of-s-ray-and-president-of-the-arabesque-group/">announced</a>. Klier will also become the CEO of Arabesque S-Ray<strong>,</strong> the firm's quantitative, ESG data provider business.<strong> </strong></li><li>Multi-strategy fund <strong>Verition</strong> has hired away <strong>Stan Liberman</strong> from <strong>Centiva Capital</strong>, according to Hedge Fund Alert. Liberman has a 20-year background in managing credit strategies.</li><li><strong>Wells Fargo </strong>is adding legal firepower as it brings on top lawyers from three of the bank's largest competitors, <a href="https://news.bloomberglaw.com/banking-law/wells-fargo-raids-financial-services-rivals-for-legal-team-trio">per reporting at Bloomberg Law</a>. <strong>Bert Fuqua</strong> of <strong>Barclays</strong>, <strong>JPMorgan's George Thompson</strong>, and <strong>Tangela Richter</strong> of <strong>American Express</strong> are all joining Wells as deputy general counsel in charge of corporate and investment banking, consumer lending, and enterprise functions, respectively.</li><li><strong>Carolina Campbell</strong>, a former managing director and partner at <strong>Evercore ISI</strong> who oversaw the firm's investor relations team, <a href="https://www.prnewswire.com/news-releases/carolina-campbell-appointed-to-lead-context-family-network-301223376.html">will now be leading</a> the <strong>Context Family Network</strong>, a network of single-family offices.</li><li><strong>Bank of America's</strong> former co-head of healthcare investment banking in the Americas has a new role: <strong>Charlie Newton</strong> <a href="https://www.prnewswire.com/news-releases/lyell-immunopharma-appoints-charlie-newton-as-chief-financial-officer-301224438.html">is now the CFO</a> of <strong>Lyell Immunopharma</strong>, a biotech firm focused on developing cancer-related immunotherapies.</li><li><strong>Marcus Martin</strong>, formerly the CEO and founder of <strong>Global Oak Capital Markets</strong>, <a href="https://ir.usbank.com/news-releases/news-release-details/us-bank-appoints-marcus-martin-head-esg-fixed-income-capital">has joined</a> <strong>US Bank</strong> as a managing director and new head of ESG in fixed income and capital markets.</li><li><strong>Citi Private Bank</strong> has promoted longtime exec <strong>Kristen Bitterly Michell</strong> as its regional head of investments for North America. Bitterly Michell was formerly Citi Private Bank's head of capital markets, <a href="https://citywireamericas.com/news/citi-private-bank-unveils-top-investment-unit-appointment/a1464313'_ga=2.131563023.1458681175.1613147354-2101167467.1613147354">according to Citywire</a>.</li><li><strong>Jon Winkelried</strong>, former co-president of <strong>Goldman Sachs</strong> and current co-CEO of <strong>TPG</strong>, is joining the board of financial data startup <strong>MX</strong>, <a href="https://www.cnbc.com/2021/02/10/former-goldman-co-president-jon-winkelried-and-alphabet-venture-partner-join-fintech-start-up-mx.html">per reporting in CNBC</a>. He's joined by <strong>Mike Zappert</strong>, a parter from TPG, as well as <strong>Derek Zanutto</strong>, a general partner at <strong>CapitalG</strong>, <strong>Alphabet's</strong> growth venture fund. MX last raised money in December <a href="https://www.businessinsider.com/mx-fintech-data-tpg-growth-capitalg-300-million-series-c-2021-1">at a $1.9 billion valuation.</a></li><li><strong>Citi</strong> has elevated two managing directors, <strong>Michael Marcus</strong> and <strong>Michael Quadrino</strong>, to co-head their North America Global Asset Managers Sponsors team, per an internal memo seen by insider. </li></ul><p><em>Reed Alexander, Shannen Balogh, Dakin Campbell, Meredith Mazzilli, Alex Morrell, and Bradley Saacks contributed reporting.</em></p><p><a href="https://www.businessinsider.com/wall-street-hiring-announcements-exits-goldman-sachs-brevan-howard-citi-2021-2#comments">Join the conversation about this story »</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/melissa-maker-clean-your-home-quickly-cleaning-expert-2017-4">A cleaning expert reveals her 3-step method for cleaning your entire home quickly</a></p>
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