Carey Halio, Goldman Sachs’ head of technique and investor relations, is getting promoted to world treasurer on the financial institution, based on individuals conversant in the matter. 

Her new function, efficient June 1, encompasses authority over the agency’s greater than $1.6 trillion steadiness sheet, with duties together with overseeing the agency’s liquidity, funding and capital. She is going to report back to Denis Coleman, Goldman Sachs’ chief monetary officer. 

Philip Berlinski, the earlier world treasurer, is leaving the financial institution to change into co-chief working officer of Millennium Administration, a $62 billion hedge fund, based on the Financial Times. 

As a part of her new function, Halio will oversee a group of about 900 individuals, the individuals acquainted mentioned. She will even serve on the administration committee.

“As a tenured chief of the agency with expertise working in a number of of our divisions and partnering with leaders throughout the group to drive our strategic priorities ahead, Carey will carry vital experience and views to her new function,” Goldman Sachs CEO David Solomon mentioned in memo, obtained by CNBC. “Carey will proceed to supervise our Firmwide Technique group on an interim foundation.”

Previous to operating technique and investor relations, Halio was the CEO of Goldman Sachs Financial institution USA and deputy treasurer of Goldman Sachs. She joined the agency in 1999 as a summer season affiliate in credit score danger and rejoined the next 12 months, finally changing into the pinnacle of the Americas Monetary Establishments group in credit score danger. 

Jehan Ilahi, who labored with Halio for years in technique and investor relations, will change into head of investor relations. 

Goldman Sachs is slated to report first-quarter earnings on Monday.