- Thomson Reuters
Greg Agran, the global head of commodities at Goldman Sachs, is leaving the bank.
Agran, who had been with the bank for 26 years, will retire from the firm at the end of November, according to a memo seen by Business Insider. His departure was first reported by SparkSpread.
Greg’s leadership has been instrumental in the evolution of our Commodities franchise,” the memo said. “He played a significant role in establishing the firm as a leading provider of commodity-linked financing, and in the expansion of our natural gas business in North America.”
A replacement for Agran wasn’t named. Jeremy Taylor and Ed Emerson, coheads of commodities trading, will remain in their roles, and will work closely Isabelle Ealet, who is cohead of securities and previously headed commodities globally.
Agran’s departure follows a quarter in which the commodities unit posted its worst performance on record.