Lloyd Blankfein

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Lloyd Blankfein has been CEO and chairman of Goldman Sachs since June 2006, and a director since April 2003.[1]

Activities

Blankfein provoked public fury when he described himself as a banker just "doing God's work" at a time when many people were feeling the hardship of the financial crisis.[2]

Blankfein ranks risk management as his no.1 daily priority, even ahead of doing God's work,” wrote the Financial Times's William Cohan in November 2009, who quotes him as saying: "I'm a risk manager and I've been that for a long time, a lot longer than I've been CEO.” [3]

In January 2010 London Mayor Boris Johnson wrote to Blankfein to restate his support for the City: “I will strongly defend London's financial services industry against the threats of punitive taxation and new burdensome EU regulations”, he wrote.[4]

Biography

Before becoming CEO and chairman Blankfein had been President and Chief Operating Officer since January 2004. Prior to that he was a Vice Chairman of Goldman Sachs, from April 2002 until January 2004,, with management responsibility for Goldman Sachs’ Fixed Income, Currency and Commodities Division (FICC) and Equities Division (Equities). Before becoming a Vice Chairman, he had served as co-head of FICC since its formation in 1997. From 1994 to 1997, he headed or co-headed the Currency and Commodities Division. [1]

Views

Affiliations

Blankfein's web profile states he is not currently on the board of any public company other than Goldman Sachs but 'is affiliated with certain non-profit organizations, including as a member of the Dean’s Advisory Board at Harvard Law School, the Dean’s Council at Harvard University and the Advisory Board of the Tsinghua University School of Economics and Management, an overseer of the Weill Medical College of Cornell University, and a member of the Board of Directors of the Partnership for New York City.[1]

Clients

Contact

Address:
Website: http://www2.goldmansachs.com/our-firm/our-people/leadership/board-of-directors.html

Resources

Notes

  1. 1.0 1.1 1.2 Goldman Sachs, Our People: Board of Directors, accessed 16 March 2011
  2. John Arlidge, “I'm doing 'God's work'. Meet Mr Goldman Sachs”, The Sunday Times, November 8, 2009
  3. [1] Financial Times
  4. SpinWatch, Doing God’s Work: How Goldman Sachs Rigs the Game - SpinWatch investigation detailing Goldman Sachs’ secret lobbying activities in the UK and Brussels and links to politicians. Published on Scribd, March 2011. p8.