Goldman Sachs Announces Leadership Changes
- Raj Sundaram to assume sole responsibility for the GCEM business; several other appointments

Following Kayhan Mirza’s retirement from the firm, Ram Sundaram will assume sole responsibility for the GCEM business, Goldman Sachs announced this week. Additionally, the firm announced the following leadership changes in a memo seen by Finance Magnates.
Rajesh Venkataramani, head of GCEM Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Options Trading, will also assume responsibility for G10 FX and will work with Josh Schiffrin to help oversee the Short Term Macro Trading joint venture business led by Richard Chambers.
Venkataramani will report to Sundaram. Venkataramani serves on the Global Markets Division OpComm, Structured Investment Products Committee, Firmwide Asset Liability Committee and EMEA Securities Division Best Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Committee. Venkataramani is also the co-sponsor of the EMEA Securities Women's Network. He joined Goldman Sachs in 2000 and was named managing director in 2008 and partner in 2014.
Kunal Shah, currently head of GCEM Trading in EMEA, will assume responsibility for Global Emerging Markets Trading, reporting to Sundaram. In his expanded role, Shah will ensure we have consistent best practices for our global emerging markets offerings and help broaden and deepen our global franchise. Shah serves on the EMEA Inclusion and Diversity Committee, Global Markets Division OpComm and EMEA Securities Division Best Execution Committee. Shah is also sponsor of the Asian Professionals Network in EMEA. He joined Goldman Sachs in 2004 and was named managing director in 2010 and partner in 2014.
James Ellery, currently head of Asia Pacific Currencies and Emerging Markets Trading, will become head of GCEM in Asia Pacific, working closely with Venkataramani and Shah, and reporting to Hidehiro Imatsu and Ram. He joined Goldman Sachs in 2015 as a partner.
"This global oversight will help to increase collaboration across all regions to further strengthen and align our strategy, product offerings and coverage for our clients”, the firm said.
Following Kayhan Mirza’s retirement from the firm, Ram Sundaram will assume sole responsibility for the GCEM business, Goldman Sachs announced this week. Additionally, the firm announced the following leadership changes in a memo seen by Finance Magnates.
Rajesh Venkataramani, head of GCEM Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Options Trading, will also assume responsibility for G10 FX and will work with Josh Schiffrin to help oversee the Short Term Macro Trading joint venture business led by Richard Chambers.
Venkataramani will report to Sundaram. Venkataramani serves on the Global Markets Division OpComm, Structured Investment Products Committee, Firmwide Asset Liability Committee and EMEA Securities Division Best Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Committee. Venkataramani is also the co-sponsor of the EMEA Securities Women's Network. He joined Goldman Sachs in 2000 and was named managing director in 2008 and partner in 2014.
Kunal Shah, currently head of GCEM Trading in EMEA, will assume responsibility for Global Emerging Markets Trading, reporting to Sundaram. In his expanded role, Shah will ensure we have consistent best practices for our global emerging markets offerings and help broaden and deepen our global franchise. Shah serves on the EMEA Inclusion and Diversity Committee, Global Markets Division OpComm and EMEA Securities Division Best Execution Committee. Shah is also sponsor of the Asian Professionals Network in EMEA. He joined Goldman Sachs in 2004 and was named managing director in 2010 and partner in 2014.
James Ellery, currently head of Asia Pacific Currencies and Emerging Markets Trading, will become head of GCEM in Asia Pacific, working closely with Venkataramani and Shah, and reporting to Hidehiro Imatsu and Ram. He joined Goldman Sachs in 2015 as a partner.
"This global oversight will help to increase collaboration across all regions to further strengthen and align our strategy, product offerings and coverage for our clients”, the firm said.