Richard Gnodde

Richard Gnodde
Born c. 1961
Nationality South African[1]
Alma mater University of Cape Town
University of Cambridge
Occupation Investment banker
Net worth £130 million (2017)[1]
Spouse(s) Kara Gnodde

Richard Gnodde (born c. 1961) is a London-based South African investment banker. He is the vice chairman of Goldman Sachs and the chief executive officer of Goldman Sachs International.

Early life

Richard Gnodde was born circa 1961.[2] He 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.[2]

Career

Gnodde began his career at Goldman Sachs in London in 1987.[2] Over the course of his career, he worked in Japan, Singapore and Hong Kong.[3] He became a managing director in 1996 and partner in 1998.[3] In 2006, he became the co-chief executive officer of Goldman Sachs International alongside Michael Sherwood.[3]

Since Sherwood's retirement in 2016, Gnodde has been the CEO of Goldman Sachs International as well as vice chairman of Goldman Sachs.[4] According to the Financial Times, he is "in sole charge of the Emea area."[5] In March 2017, Gnodde said Goldman Sachs would move jobs to the continent because of Brexit.[6]

Philanthropy and personal life

Gnodde serves on the board of trust of his alma mater, the University of Cape Town.[7] He is also on the corporate advisory group of Tate.[8] In 2009, he attended a fundraising dinner for the Conservative Party.[9]

Gnodde is one of the highest paid investment bankers in the UK.[10] In 2016, he was the tenth best-paid employee at Goldman Sachs's London office.[11] He is worth an estimated £130 million according to Sunday Times Rich List 2017.[1]

Gnodde has a wife, Kara.[12]

References

  1. 1 2 3 "Rich List 2017". The Sunday Times Magazine. 7 May 2017. p. 131.
  2. 1 2 3 "Company Overview of The Goldman Sachs Group, Inc.: Richard John Gnodde". Bloomberg. Retrieved 28 July 2017.
  3. 1 2 3 "Richard J. Gnodde". Goldman Sachs. Retrieved 28 July 2017.
  4. Treanor, Jill (21 November 2016). "Michael Sherwood quits Goldman Sachs role". The Guardian. Retrieved 28 July 2017.
  5. Guthrie, Jonathan (November 21, 2016). "Goldman puts its faith in Gnodde". Financial Times. Retrieved 28 July 2017.
  6. 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.
  7. "Board of Trustees". The University of Cape Town Trust. Retrieved 28 July 2017.
  8. "Membership of the Tate Board's Council and Committees". Tate. Retrieved 28 July 2017.
  9. Pagano, Margareta (26 September 2009). "Dinner at the Carlton: The New Tory power brokers". The Independent. Retrieved 28 July 2017.
  10. "Forget £269,000 - the real Goldman Sachs pay figure is £5m". London Evening Standard. 24 January 2011. Retrieved 28 July 2017.
  11. 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.
  12. "City Spy: Bringing the wife pays off for Kew". London Evening Standard. 28 May 2014. Retrieved 28 July 2017.
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