Goldman Sachs Executive Chris Kojima to Depart After Nearly 28 Years

Goldman Sachs executive Chris Kojima, who co-heads the client solutions group in the asset and wealth management unit, will be leaving the investment bank at the end of this year, according to an internal memo seen by Reuters. Kojima has been with Goldman Sachs for almost 28 years and has played a significant role in managing sales and client service for pensions and institutions.

Kojima’s departure comes as he prepares to join private equity firm General Atlantic in early 2024, as confirmed by two sources familiar with the matter. General Atlantic, known for investing in high-growth businesses, currently manages $77 billion in assets.

This move follows a series of high-profile exits from Goldman Sachs’ asset and wealth management division, which oversees $2.7 trillion in assets. Earlier this year, Julian Salisbury, the former chief investment officer of asset and wealth management, left to join investment firm Sixth Street. Additionally, Mike Koester, the co-president of alternative investments, retired, and Jo Natauri, the head of healthcare investing, is set to depart at the end of the year.

Matt Gibson, who was appointed as co-lead of the client business with Kojima in 2023, will assume full responsibility for the unit. He reports to Marc Nachmann, the head of the asset and wealth management unit.

In a statement, Nachmann acknowledged Kojima’s significant contributions to Goldman Sachs, stating, “Chris founded and led businesses that are incredibly important to Goldman Sachs, and our business today is stronger because of his leadership.”

Kojima has held various leadership roles during his tenure at Goldman Sachs, including serving as the global head of alternative investments and manager selection group. He joined the investment bank in 1995 as an investment banking associate and was later named managing director in 2002 and partner in 2008.

Expressing his future plans, Kojima mentioned in an email to Reuters, “I’m looking forward to a long relationship with Goldman Sachs as an alumnus, client, and advocate,” hinting at a potential collaboration with a firm associated with the investment bank.

Goldman Sachs will undoubtedly miss Kojima’s expertise and leadership, but his departure presents an opportunity for new talent to step up and continue driving the success of the asset and wealth management division.