Goldman Sachs Group Inc. Treasurer Liz Beshel Robinson isstepping down and will be replaced by Robin Vince.

Robinson, 46, will become an advisory director, a title given tosome of the firm's alumni who are no longer employees, at the endof the year, according to an internal memo Wednesday from ChiefFinancial Officer Harvey Schwartz. Laurence Stein, chief operatingofficer of the bank's trading unit, will replace Vince as globalhead of the operations division, according to a separate memo.

Robinson, a protege of former CFO David Viniar who became thefirm's youngest-ever treasurer in 2005, helped New York- basedGoldman Sachs convert into a bank holding company and weather the2008 financial crisis. Since then, she has been part of thecompany's efforts to gather more deposits, including its pendingacquisition of GE Capital Bank.