UK/EUROPE - Mario Draghi is to join Goldman Sachs as a managing director, based in London.
Draghi will serve as vice chairman of Goldman Sachs International and as a member of the group's commitments committee.
In his new role he will work with the firm's senior management in Europe and New York, developing Goldman Sach's business globally across all units. More specifically, Draghi will help the firm execute business with major European corporations and with government agencies.
Between 1991-2001 he was director general of the Italian Treasury, and served as chairman of the European Community's Economic and Financial Committee. In 1993 he was appointed chairman of the Italian committee for privatisations. He served as an advisor to the Bank of Italy in 1990 and was an executive director of The World Bank from 1984 to 1990.
By Madhu Kalia
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