Goldman Sachs hires BlackRock executive as global co-head of consultant relations

(Reuters) – Goldman Sachs Asset Management has hired former BlackRock executive Patrick O’Donnell as a managing director and global co-head of consultant relations, alongside Lauren Oakes, a spokesperson told Reuters in an emailed statement.

O’Donnell was a managing director and senior leader in the Global Consultant Relations team at BlackRock and prior to that worked at BNP Paribas Asset Management.

Oakes has been with Goldman Sachs for the past 18 years and was named a managing director in 2017. She previously worked at JPMorgan.

Goldman Sachs’ top ranks have depleted in recent months as executives left or retired.

(Reporting by Jaiveer Singh Shekhawat in Bengaluru and Saeed Azhar in New York; Editing by Sriraj Kalluvila)