Harit Talwar, who led the advance into retail banking as head of Marcus at Goldman Sachs, will retire.
Talwar joined Goldman Sachs from Discover Financial Services in 2015 and was responsible for helping investment banks find new sources of income as the first employee of a consumer business, later called Marcus.
Six years later, Marcus has 8 million customers, $ 100 billion in deposits, and nearly $ 10 billion in loan and card balances. We also have partnerships with Apple, Amazon, Walmart and others.
Earlier this year, Talwar took on the role of chair and handed over the operation of the unit to Omar Ismail. However, Ismail soon stopped by Wal-Mart to replace Uber executive Peeyush Naha, who was responsible for the up-and-coming fintech startup of the US retail chain.
In a LinkedIn post confirming that he will retire next month, Talwar wrote: I thought I was crazy! “
He continues. “How many opportunities do you have to build a modern digital business in a prominent investment bank with a history of 150 years? It’s no exaggeration to say that we thought boldly and proved that skeptics were wrong. is not”.
Goldman Sachs executives who led Marcus retired
Source link Goldman Sachs executives who led Marcus retired