Goldman Sachs promotes Carey Halio to global treasurer

Carey Halio, Goldman Sachs head of strategy and investor relations, is being promoted to global treasurer at the bank, according to people familiar with the matter.

Her new role, effective June 1, includes authority over the company’s more than $1.6 trillion balance sheet, with responsibilities including overseeing the company’s liquidity, financing and capital. She will report to Denis Coleman, Chief Financial Officer of Goldman Sachs

Philip Berlinski, the former global treasurer, is leaving the bank to become co-chief operating officer of Millennium Management, a $62 billion hedge fund, according to the Financial times.A

As part of her new role, Halio will lead a team of about 900 people, people familiar said. She will also sit on the management committee.

“As an established leader of the company with experience working across several of our divisions and collaborating with leaders across the organization to advance our strategic priorities, Carey will bring important expertise and perspectives to her new role,” said David Solomon, CEO of Goldman Sachs. memo, obtained by CNBC. “Carey will continue to oversee our Firmwide Strategy team on an interim basis.”

Before leading strategy and investor relations, Halio was CEO of Goldman Sachs Bank USA and deputy treasurer of Goldman Sachs. She joined the firm in 1999 as a summer credit risk associate and rejoined the firm the following year, eventually becoming head of Americas Financial Institutions’ credit risk team.

Jehan Ilahi, who worked for many years at Halio in the areas of strategy and investor relations, will become head of investor relations.

Goldman Sachs will report first-quarter results on Monday.