Goldman Names Kim Posnett Co-Head of Investment Banking Services

Goldman Sachs Group Inc. promoted Kim Posnett to co-head of its global investment banking services unit, the first woman to lead that business at the bank.

Posnett, formerly co-chief operating officer of the bank’s global technology, media and telecom team, will hold the role with Matt Gibson, according to an internal memo obtained by Bloomberg News. She will also join the bank’s investment banking executive committee, according to the memo, the contents of which were confirmed by a spokesperson for the bank.

Posnett, 42, is the youngest person to ever hold the role. The move positions her as a ...