January 29, 2019 / 10:06 PM / a year ago

MOVES-Goldman Sachs securities division engineering co-head to retire -memo

NEW YORK, Jan 29 (Reuters) - Goldman Sachs said on Tuesday that Konstantin Shakhnovich, who managed trading systems for the U.S. bank as co-head of securities division engineering, is retiring, according to a memo seen by Reuters.

Shakhnovich oversaw the division alongside co-heads Raj Mahajan and Ezra Nahum. Adam Korn, who currently heads the bank’s web services platform Marquee, will replace Shakhnovich as the securities unit’s third co-head, according to the memo. (Reporting by Elizabeth Dilts; Editing by Leslie Adler)

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