| NEW YORK, April 21
NEW YORK, April 21 Goldman Sachs Group Inc
has named Marie Louise Kirk and George Lee as co-heads of
engineering for its investment bank, a new role created to
foster technological change within the business, according to a
memo seen by Reuters.
The organizational change comes as Goldman has been
installing programmers into the investment bank to reduce grunt
work for bankers and offer new digital tools for clients.
Although investment banking has historically not had much
technological innovation, Goldman is trying to change that.
Kirk had been head of programmers - which Goldman calls
"strats" - who sell products for its bond trading business in
the Americas. Lee had been chief information officer for the
investment bank. He will maintain his other role as co-chairman
of technology, media and telecommunications (TMT) investment
(Reporting by Olivia Oran in New York; Editing by Chizu
Nomiyama; Writing by Lauren Tara LaCapra)