- Goldman Sachs employed Kamlesh Talreja as a partner and cohead of asset-administration engineering.
- Talreja will depart AWS, where he most not too long ago was the basic supervisor for AWS Market.
- He is the hottest AWS leadership departure in a string of exits for the public-cloud big.
Goldman Sachs’ asset-management division just obtained a top engineer from Amazon World wide web Solutions, as the bank leans more into cloud technological know-how.
Kamlesh Talreja was named lover and cohead of asset-administration engineering at Goldman Sachs on Thursday, Insider has acquired.
Talreja will function with Alex Potter, a 20-yr Goldman veteran who was tapped as a cohead of engineering for the asset-management division in January, according to his LinkedIn profile.
Together, Talreja and Potter are tasked with driving the engineering strategy for asset administration, building out a electronic shopper expertise, and escalating automation for more streamlined procedures, according to an interior memo from Julian Salisbury, a global cohead of the asset-administration division, that was viewed by Insider.
Goldman Sachs Asset Management is the bank’s financial investment and advisory division and experienced $2.3 trillion of belongings below supervision as of June 30. The team lately pushed beyond its money-supervisor roots into other solutions, these kinds of as consulting, to improve.
Goldman Sachs’ management has prolonged touted its cloud ambitions, which include the generation of a world wide financial cloud, as co-Chief Information Officer Marco Argenti (also previously of AWS) laid out very last year. Most of Goldman’s new tech builds are cloud-dependent, Main Financial Officer Stephen Scherr stated in the bank’s first-quarter earnings this yr.
Talreja and Potter will also be dependable for executing the firm’s know-how street map throughout substitute investing, according to the memo. Talreja will report to Salisbury.
Talreja was the normal manager for AWS Market, which is a channel that will allow fintechs and software package companies to provide resources and options on AWS. He held senior engineering positions in the course of AWS and Amazon for the duration of his 16-calendar year tenure with the tech big and its public-cloud arm.
The management addition hints at the bank’s greater focus on the public cloud, particularly in the asset-management division. In July, Goldman tapped the fintech Enfusion for some cloud-primarily based products and services to scale expense administration and back again-end tech for its Different Investments & Manager Collection Group coinvestment organization.
AWS carries on to reduce top talent
AWS has a short while ago viewed a shake-up amid leadership, with Talreja’s departure getting the second a person declared this 7 days.
Charlie Bell, previously the senior vice president of AWS who claimed specifically to AWS CEO Adam Selipsky, has also still left the enterprise, The Info 1st claimed Monday.
There have been at least 12 substantial-amount exits from AWS this yr, including Teresa Carlson, the former vice president of around the globe community sector and industries who helmed some of the firm’s most significant federal cloud bargains, and Shawn Bice, the previous vice president of databases.
To be sure, AWS has created some notable hires because January, also, together with Selipsky and Adolfo Hernandez and Joel Wallenstrom, who are vice presidents.