Goldman Sachs has officially announced the appointment of Kara Succoso Mangone as the Head of its Sustainable Finance Group.
This comes after the internal memo’s revelation that she’s taking over the role from her predecessor, John Goldstein, who is transitioning to Goldman Sachs’ Asset & Wealth Management as Global Head of Sustainability and Impact Solutions.
Kara Succoso Mangone, the newly appointed Head, is not a new face at Goldman Sachs. She initiated her journey in 2008 as an Investment Banking Analyst and ascended to Global Head of Climate Strategy in 2021.
In her new capacity, she will be pivotal in promoting an integrated sustainability approach, focusing on the harmonisation of policies, enhancing sustainable finance proficiency, and collaborating with diverse business units to drive client impact and fulfil sustainability commitments, including the firm’s $750bn sustainable finance objective.
John Goldstein, the outgoing Head, joined Goldman Sachs Asset Management in 2015 via the acquisition of Imprint Capital, a mission-driven investment strategies firm he founded in 2007. He has served as the Head of the Sustainable Finance Group since its inception in 2019. In his upcoming role, he will concentrate on driving Asset Under Management (AUM) growth for sustainability products and expanding commercial impact through active client engagement and the robust defence of core products.
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