This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Robert B. Zoellick To Serve Goldman Sachs As Chairman Of International Advisors

The Goldman Sachs Group, Inc. (NYSE:GS) today announced that Robert B. Zoellick, former president of the World Bank Group, will serve as chairman of Goldman Sachs’ international advisors. In this role, Mr. Zoellick will advise the firm on global strategic issues and oversee the work of our 16 international advisors. He will be based in Washington, DC.

“Bob Zoellick has extraordinary knowledge of the global economy and has devoted himself to helping emerging economies realize more of their potential,” said Lloyd C. Blankfein, Chairman and CEO of Goldman Sachs. “His experience and judgment will be important to our clients and to our focus on helping them identify growth opportunities around the world.”

"Goldman Sachs is a premier firm, with superb people, and global reach,” said Mr. Zoellick. “I look forward to working with senior management and teams across the firm to help serve clients in a rapidly changing and challenging global context."

For the past year, Mr. Zoellick has been the distinguished visiting fellow at the Peterson Institute for International Economics and senior fellow at the Belfer Center for Science and International Affairs at Harvard University.

Mr. Zoellick completed his five-year term as president of the World Bank Group in June 2012. During his tenure, he recapitalized the Bank and expanded financing for developing countries to more than $300 billion during the food, fuel and financial crises. He led special initiatives for states coming out of conflict, infrastructure, women and girls, and conservation and the environment. He also achieved an increased role for the private sector through the World Bank Group’s International Finance Corporation which, under his leadership, recruited sovereign wealth and pension funds to invest in developing countries, especially in Africa.

Prior to his appointment to the World Bank in 2007, Mr. Zoellick served for a year as vice chairman, international, at Goldman Sachs.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,598.41 -56.36 -0.34%
S&P 500 1,984.01 -3.65 -0.18%
NASDAQ 4,802.4660 -10.2420 -0.21%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs