Richard Gnodde

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Richard Gnodde

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Richard Gnodde
Born	March 1960 (1960-03) (age 64)
Nationality	South African^[1]
Alma mater	University of Cape Town University of Cambridge
Occupation	Investment banker
Spouse	Kara Gnodde

Richard Gnodde (born March 1960^[2]) is a South African investment banker. He is the vice chairman of Goldman Sachs and the chief executive officer of Goldman Sachs International.

Early life

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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

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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

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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

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

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