Goldman Sachs has made Nicole Pullen Ross head of its key private wealth business in New York.

Bloomberg reported that Ms Ross will take up her new role on 1 July, taking over from Gary Giglio who has worked for Goldman for more than 26 years.

Ms Ross is also a long-time banker for Goldman, having joined its ranks in 1999. She presently heads the mid-Atlantic region covering Washington and Philadelphia, and is also the head of sport and entertainment solutions for the consumer and investment management division.

Bloomberg noted that Ms Ross becomes one of the bank’s highest profile black female exec...