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.

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