One other managing director from Goldman’s 2019 classic is leaving. In contrast to Joseph Anastasio, he is not going to Citi however is becoming a member of a fintech.
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Atul Pawar goes to fintech agency Clear Road as chief risk officer in keeping with a press launch issued yesterday. Pawar stated he is delighted together with his new job and that Clear Road is, “difficult the status-quo by constructing a contemporary, cutting-edge, centralized expertise platform in contrast to every other out there on the road. I sit up for contributing to the Firm’s growth plans and continued success.”
Pawar spent practically 20 years at Goldman Sachs in New York and was promoted to managing director in 2019. He was latterly head of US prime, clearing, FCM (futures fee service provider) and counterparty danger for the agency.
As head of prime danger, Pawar handled Goldman’s publicity to hedge funds. As such, he could also be credited with the agency’s sidestepping of the Archegos bullet in 2021, though court transcripts counsel that this will equally be associated to Archegos’s unintended wiring of $500m to Goldman Sachs by one among its junior staff.
Goldman Sachs did not reply to a request to touch upon Pawar’s alternative. One Goldman insider stated Pawar is a “gifted man” and can be a loss to the agency.
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