Goldman Banker Dina Powell McCormick to become vice chair of BDT & MSD Partners: WSJ

Goldman Sachs Group Inc.
GS,
-1.29%
senior executive Dina Powell McCormick is joining merchant bank BDT & MSD Partners, The Wall Street Journal reported Tuesday. Citing people familiar with the situation, the newspaper reported that McCormick will take on the newly-created positions of vice chairman and president of global client services at BDT & MSD Partners. Powell has been the global head of the sovereign business for Goldman Sachs, as well as heading up the bank’s sustainability efforts and serving on the bank’s committees on management and client and business standards. BDT is run by ex-Goldman bankers Gregg Lemkau and Byron Trott. As one of the most senior women working on Wall Street, McCormick started working for Goldman Sachs in 2007 and left in 2017 to be deputy national security adviser for strategy under President Donald Trump. In 2018, she returned to Goldman Sachs.