Goldman Executive Colsher Tapped as Next CEO of Girls Who Invest

(Bloomberg) -- Katherine Jollon Colsher, an executive at Goldman Sachs Group Inc., is taking over as chief executive officer of Girls Who Invest.

Girls Who Invest aims to expand the role of women in finance, with a goal of having 30% of the world’s investable capital managed by women by 2030. More than 500 women have finished the nonprofit firm’s training program in the last five years, and 80% have stayed in the finance industry.

Colsher joined Goldman in 2010 and has served as national director of the bank’s 10,000 Small Businesses program.

“She has an incredibly successful track record of growing programs with the highest quality and integrity and has done this with both speed and precision,” Seema Hingorani, founder and chairwoman of Girls Who Invest, said in a statement.

Girls Who Invest has sent its alumni to work at some of the world’s largest banks and money managers including Blackstone Group Inc., Carlyle Group Inc. and Goldman Sachs.

Hingorani, the former chief investment officer of New York City’s pension plans, focuses on diversity initiatives in her current role at Morgan Stanley.

©2020 Bloomberg L.P.