Stephanie Cohen, the Head of Fintech at Goldman Sachs, has announced that she will be taking a leave of absence from her position. This news has come as a surprise to many in the financial industry, as Cohen has been a key figure in the development of Goldman Sachs’ fintech strategy.
Cohen joined Goldman Sachs in 1999 and has held a number of senior positions within the firm. In 2018, she was appointed as the Head of Fintech, a newly created role that reflected Goldman Sachs’ growing focus on technology and innovation.
During her time as Head of Fintech, Cohen has overseen a number of key initiatives at Goldman Sachs. She has been instrumental in the development of Marcus, the firm’s digital consumer banking platform, which has been a major success for the company. She has also played a key role in the development of Goldman Sachs’ digital wealth management platform, which is set to launch later this year.
Cohen’s leave of absence is said to be for personal reasons, and it is not yet clear how long she will be away from her position. In the meantime, her responsibilities will be taken over by Omer Ismail, who currently serves as the co-head of Marcus.
The news of Cohen’s leave of absence has been met with mixed reactions from the financial industry. Some have expressed concern about the impact that her absence could have on Goldman Sachs’ fintech strategy, while others have praised the firm for having a strong bench of talent that can step up in her absence.
Regardless of the reaction, it is clear that Stephanie Cohen has been a key figure in the development of Goldman Sachs’ fintech strategy. Her leadership and vision have helped to position the firm as a leader in the rapidly evolving world of financial technology. While her absence will be felt, there is no doubt that Goldman Sachs will continue to innovate and push forward under the guidance of its talented team of executives.
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- Source: Plato Data Intelligence.