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Richard Gnodde

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Richard Gnodde
BornMarch 1960 (1960-03) (age 64)
NationalitySouth African[1]
Alma materUniversity of Cape Town
University of Cambridge
OccupationInvestment banker
SpouseKara Gnodde

Richard Gnodde (born March 1960[2]) is a South African investment banker. He is the vice chairman of Goldman Sachs and the chief executive officer of Goldman Sachs International.

Early life

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Richard Gnodde graduated from the University of Cape Town, where he earned a Bachelor of Commerce degree, and the University of Cambridge, where he earned a master's degree in law.[3]

Career

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Gnodde began his career at Goldman Sachs in London in 1987.[3] Over the course of his career, he worked in Japan, Singapore and Hong Kong.[4] He became a managing director in 1996 and partner in 1998.[4] In 2006, he became the co-chief executive officer of Goldman Sachs International alongside Michael Sherwood.[4]

Since Sherwood's retirement in 2016, Gnodde has been the CEO of Goldman Sachs International as well as vice chairman of Goldman Sachs.[5] According to the Financial Times, he is "in sole charge of the Emea area."[6] In March 2017, Gnodde said Goldman Sachs would move jobs to the continent because of Brexit.[7]

Gnodde attended the 2019 Bilderberg meeting in Montreax, Switzerland between 30 May - 20 June 2019

In the summer of 2019, Gnodde had charges levied against him by the Malaysian government in connection with the 1MDB scandal. The charges were later dropped.[8]

Personal life

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Gnodde serves on the board of trust of his alma mater, the University of Cape Town.[9] He is also on the corporate advisory group of Tate.[10] In 2009, he attended a fundraising dinner for the Conservative Party.[11]

Gnodde is one of the highest paid investment bankers in the UK.[12] In 2016, he was the tenth best-paid employee at Goldman Sachs's London office.[13] He is worth an estimated £130 million according to Sunday Times Rich List 2017.[1]

Gnodde has a wife, Kara.[14]

References

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  1. ^ a b "Rich List 2017". The Sunday Times Magazine. 7 May 2017. p. 131.
  2. ^ "Richard John GNODDE - Personal Appointments". beta.companieshouse.gov.uk. Retrieved 7 December 2019.
  3. ^ a b "Company Overview of The Goldman Sachs Group, Inc.: Richard John Gnodde". Bloomberg. Retrieved 28 July 2017.
  4. ^ a b c "Richard J. Gnodde". Goldman Sachs. Retrieved 28 July 2017.
  5. ^ Treanor, Jill (21 November 2016). "Michael Sherwood quits Goldman Sachs role". The Guardian. Retrieved 28 July 2017.
  6. ^ Guthrie, Jonathan (21 November 2016). "Goldman puts its faith in Gnodde". Financial Times. Retrieved 28 July 2017.
  7. ^ Acton, Gemma (21 March 2017). "Goldman Sachs confirms London jobs will move to Europe in first stage of Brexit reshuffle". CNBC. Retrieved 28 July 2017.
  8. ^ Burton, Lucy (4 September 2020). "Malaysia drops criminal charges against Goldman Sachs after it paid $3.9bn to settle 1MDB scandal". The Telegraph. ISSN 0307-1235. Retrieved 18 September 2020.
  9. ^ "Board of Trustees". The University of Cape Town Trust. 5 August 2016. Retrieved 28 July 2017.
  10. ^ "Membership of the Tate Board's Council and Committees". Tate. Retrieved 28 July 2017.
  11. ^ Pagano, Margareta (26 September 2009). "Dinner at the Carlton: The New Tory power brokers". The Independent. Retrieved 28 July 2017.
  12. ^ "Forget £269,000 – the real Goldman Sachs pay figure is £5m". London Evening Standard. 24 January 2011. Retrieved 28 July 2017.
  13. ^ Butcher, Sarah (20 June 2016). "The 45 most highly paid people at Goldman Sachs and J.P. Morgan in London?". Efinancialcareers.com. Retrieved 28 July 2017.
  14. ^ "City Spy: Bringing the wife pays off for Kew". London Evening Standard. 28 May 2014. Retrieved 28 July 2017.