One after the other as the morning wore on, Goldman Sachs GroupInc.'s most senior leaders—all men—took turns on stage describingtheir plan to restore its dimmed star.

Much of it rests on a woman who's being groomed to jointhem.

The strategy Goldman laid out at its investor day dependsheavily on the normally staid office of its treasurer, BethHammack, a longtime trader who's quietly charting her way up theranks. Her challenge: rework how the bank funds everything fromconsumer loans to billion-dollar derivatives deals. Senior leaderssee the mandate as proof she's bound for higher office at the151-year-old firm.

Continue Reading for Free

Register and gain access to:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.