Jennifer Tescher: Stephanie Cohen: Here comes Ms. Goldman Sachs - Teller Report You also have mentioned to me before that when you became the chief strategy officer, the very first book you read was The Unbanking of America. Stephanie Cohen is now the management committee's youngest, with the rare label of 'ex officio' member. When I started as chief strategy officer, I had, of course that realization that you said exactly, which is okay, Ive been at Goldman Sachs 17, 18 years and Ive been sitting in the investment bank and Ive learned a lot, but there is a lot about what we even do at Goldman Sachs that I dont understand. Stephanie Cohen quickly rose through the ranks at Goldman Sachs to become one of the youngest members and one of only a few women on its management committee. Diversity in the ranks at Goldman and at the companies it invests in is a priority for Cohen. Ms. Cohen serves on the National Board of Directors of College Spring and as a member of the Board of Quill.org. And this kind of idea of people wanting to experience financial services deeply embedded into ecosystems rather than being this separate action. Copyright HT Digital Streams Limited All rights reserved. The group, typically considered the killjoys within investment banking, have to tell senior bankers about the deals they cant pursue a tricky task in the best of times. And that starts with our own people. In this article that I had written, I talked about how originally, the mob was after Wall Street, if you will. And so what were really saying is were really proud advocates for inclusive capitalism and theres no better way to do that than to serve millions of consumers. Internet Explorer not supported . Because consumer banking has been around for a really long time. Theres just so many things that you learn from the richness of those individual conversations. Become a business insider with the latest news. This is good-return investing.". Theyre sitting there every day and theyre trying to figure out how they can do things in a really complex financial world that are simple and transparent and valuable.
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