Richard Gnodde

Richard Gnodde (born March 1960[2]) 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.

Richard Gnodde
BornMarch 1960
NationalitySouth African[1]
Alma materUniversity of Cape Town
University of Cambridge
OccupationInvestment banker
Net worth£130 million (2017)[1]
Spouse(s)Kara Gnodde

Early life

Richard Gnodde 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.[3]

Career

Gnodde began his career at Goldman Sachs in London in 1987.[3] Over the course of his career, he worked in Japan, Singapore and Hong Kong.[4] He became a managing director in 1996 and partner in 1998.[4] In 2006, he became the co-chief executive officer of Goldman Sachs International alongside Michael Sherwood.[4]

Since Sherwood's retirement in 2016, Gnodde has been the CEO of Goldman Sachs International as well as vice chairman of Goldman Sachs.[5] According to the Financial Times, he is "in sole charge of the Emea area."[6] In March 2017, Gnodde said Goldman Sachs would move jobs to the continent because of Brexit.[7]

Gnodde attended the 2019 Bilderberg meeting in Montreax, Switzerland between 30 May - 20 June 2019

In the summer of 2019, Gnodde had charges levied against him by the Malaysian government in connection with the 1MDB scandal. The charges were later dropped.[8]

Personal life

Gnodde serves on the board of trust of his alma mater, the University of Cape Town.[9] He is also on the corporate advisory group of Tate.[10] In 2009, he attended a fundraising dinner for the Conservative Party.[11]

Gnodde is one of the highest paid investment bankers in the UK.[12] In 2016, he was the tenth best-paid employee at Goldman Sachs's London office.[13] He is worth an estimated £130 million according to Sunday Times Rich List 2017.[1]

Gnodde has a wife, Kara.[14]

References
  1. "Rich List 2017". The Sunday Times Magazine. 7 May 2017. p. 131.
  2. "Richard John GNODDE - Personal Appointments". beta.companieshouse.gov.uk. Retrieved 7 December 2019.
  3. "Company Overview of The Goldman Sachs Group, Inc.: Richard John Gnodde". Bloomberg. Retrieved 28 July 2017.
  4. "Richard J. Gnodde". Goldman Sachs. Retrieved 28 July 2017.
  5. Treanor, Jill (21 November 2016). "Michael Sherwood quits Goldman Sachs role". The Guardian. Retrieved 28 July 2017.
  6. Guthrie, Jonathan (November 21, 2016). "Goldman puts its faith in Gnodde". Financial Times. Retrieved 28 July 2017.
  7. 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.
  8. Burton, Lucy (2020-09-04). "Malaysia drops criminal charges against Goldman Sachs after it paid $3.9bn to settle 1MDB scandal". The Telegraph. ISSN 0307-1235. Retrieved 2020-09-18.
  9. "Board of Trustees". The University of Cape Town Trust. Retrieved 28 July 2017.
  10. "Membership of the Tate Board's Council and Committees". Tate. Retrieved 28 July 2017.
  11. Pagano, Margareta (26 September 2009). "Dinner at the Carlton: The New Tory power brokers". The Independent. Retrieved 28 July 2017.
  12. "Forget £269,000 – the real Goldman Sachs pay figure is £5m". London Evening Standard. 24 January 2011. Retrieved 28 July 2017.
  13. 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.
  14. "City Spy: Bringing the wife pays off for Kew". London Evening Standard. 28 May 2014. Retrieved 28 July 2017.
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