Goldman Sachs Group Inc hired Peeyush Nahar, VP of technology. at Uber Technologies Inc, to lead its consumer banking business, according to Reuters report.
Nahar joins as the global head of its consumer business, which includes its online bank, Marcus.
Nahar takes over Goldman’s fledgling consumer business at a time of turnover in the division that Chief Executive David Solomon has identified as a key area of growth for the bank.
At Uber, Nahar managed technologists who worked on the ride-hailing app’s payments, infrastructure, fintech and other services. Before that, Nahar worked at Amazon, where he helped build the retailer’s lending and machine-learning platform for its Alexa product.
Nahar, who officially takes over June 1, joins several new hires in Goldman’s business division.
Brian King was rehired in April from Wells Fargo & Co to be Goldman’s consumer chief risk officer and head of business operations.
The bank also recently hired Rob Cochran to be lead of digital products for consumer and wealth management and Swati Bhatia as head of proprietary business for the consumer business.
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