- Goldman Sachs employed Kamlesh Talreja as a spouse and cohead of asset-administration engineering.
- Talreja will leave AWS, exactly where he most not long ago was the basic manager for AWS Marketplace.
- He is the most recent AWS management departure in a string of exits for the community-cloud huge.
Goldman Sachs’ asset-administration division just obtained a major engineer from Amazon World-wide-web Expert services, as the bank leans a lot more into cloud know-how.
Kamlesh Talreja was named associate and cohead of asset-management engineering at Goldman Sachs on Thursday, Insider has learned.
Talreja will get the job done with Alex Potter, a 20-12 months Goldman veteran who was tapped as a cohead of engineering for the asset-management division in January, according to his LinkedIn profile.
Alongside one another, Talreja and Potter are tasked with driving the engineering technique for asset administration, developing out a electronic client encounter, and raising automation for far more streamlined procedures, in accordance to an inside memo from Julian Salisbury, a world cohead of the asset-administration division, that was considered by Insider.
Goldman Sachs Asset Administration is the bank’s investment and advisory division and had $2.3 trillion of belongings less than supervision as of June 30. The team lately pushed further than its cash-manager roots into other services, this kind of as consulting, to develop.
Goldman Sachs’ management has very long touted its cloud ambitions, such as the generation of a world-wide economical cloud, as co-Chief Information and facts Officer Marco Argenti (also previously of AWS) laid out previous year. Most of Goldman’s new tech builds are cloud-centered, Main Monetary Officer Stephen Scherr mentioned in the bank’s initially-quarter earnings this calendar year.
Talreja and Potter will also be accountable for executing the firm’s technology highway map throughout different investing, in accordance to the memo. Talreja will report to Salisbury.
Talreja was the common supervisor for AWS Market, which is a channel that allows fintechs and application vendors to sell equipment and attributes on AWS. He held senior engineering positions during AWS and Amazon through his 16-calendar year tenure with the tech giant and its community-cloud arm.
The leadership addition hints at the bank’s elevated aim on the public cloud, specially in the asset-management division. In July, Goldman tapped the fintech Enfusion for some cloud-centered expert services to scale investment administration and back again-end tech for its Choice Investments & Supervisor Collection Group coinvestment business.
AWS continues to shed major talent
AWS has a short while ago found a shake-up between leadership, with Talreja’s departure being the next a single declared this 7 days.
Charlie Bell, formerly the senior vice president of AWS who described straight to AWS CEO Adam Selipsky, has also still left the corporation, The Information initial noted Monday.
There have been at the very least 12 high-amount exits from AWS this calendar year, which includes Teresa Carlson, the former vice president of globally community sector and industries who helmed some of the firm’s most significant federal cloud discounts, and Shawn Bice, the previous vice president of databases.
To be guaranteed, AWS has made some noteworthy hires due to the fact January, as well, which include Selipsky and Adolfo Hernandez and Joel Wallenstrom, who are vice presidents.