Female Goldman Sachs partner picks Barclays executive role over private equity
Last April, Anne Marie Darling left Goldman Sachs. She spent 25 years at the bank, 13 of those as a partner. While she was rumored to have been courted by hedge funds, tech firms and private equity at the time of her departure, her eventual destination is somewhere more familiar.
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Darling has joined another bank, Barclays, in New York as its deputy co-COO. She will assume the full-fledged co-COO role in July alongside London-based Craig Bright, Barclays' CIO poached from Australian bank Westpac in 2020. She said via social media yesterday that the duo will also become co-CEOs of Barclays Execution Services, starting in July. Both roles are currently occupied by Allistair Currie, who will be leaving the bank to pursue a board portfolio career. Darling and Bright will both be on the executive committee, reporting to CEO CS Venkatakrishnan.
Darling worked in a range of roles in her time at Goldman Sachs. She most recently headed the sales team for Marquee, a technology platform described as a "digital storefront" for clients. She was also previously global COO of securities sales.
Darling was part of the 2012 partner class which had 10 women from 70 partners, the highest proportion of women since at least 2006 at the time. More than half of those female partners have since left the firm. Jo Nautari, Una Neary, Lisa Opoku, Heather Bellini and Jami Rubin had all left before Darling. She said at the time of her departure that Goldman is "losing senior women because the Street wants to cultivate and access this amazing talent."
Since then, Goldman has been inducting more women into its partner classes. The most recent class had 26 women out of 95 partners overall. In the bank's management committee, however, Bloomberg reported that the proportion of women is shrinking after the bank promoted 14 men and only three women. Barclays' executive committee is comparatively worse; just two of 14 members are women. When Darling joins, it will be three out of 15, an improvement.
Barclays did not respond to a request for comment.
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