© Reuters. The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly
(Reuters) – Goldman Sachs Group Inc (NYSE:) will appoint Simon Denny as the head of its Johannesburg office and chief executive officer of Goldman Sachs International Bank Johannesburg branch, the bank said in a statement.
Denny joined the U.S. banking giant in September from Barclays (LON:) Plc, where he was the head of Banking Africa, to run investment banking at Goldman’s South African unit.
“In this role, Simon will oversee the development and execution of our strategy in South Africa and the rest of the continent,” Goldman Sachs said.
He replaces Jonathan Penkin, who will continue to serve as the CEO and head of investment banking for Goldman Sachs Israel, the bank added.
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