According to an internal memo from Goldman Sachs Group, Barry O’Brien has been promoted as its joint chief operating officer for its global tech, telecom and media investment (TMT) banking team.

Before this promotion he was the co-head of Goldman Sach’s M&A team. He will hold the role with Jung Min, Goldman Sachs global head of TMT.

The internal memo was written by Nick Giovanni to staff, and its contents were confirmed by a spokesperson from the bank.

O’Brien, 43, had joined Goldman Sachs in 2000, he was named as a partner in 2018. A native of Ireland, also a marathon runner, he has worked on major tech and media deals, including the $7.3 billion Grubhub sale to Just Eat Takeaway earlier this year; he was also part of the team which saw the spin-off of Match.com spin-off from IAC.

O’Brien will be replacing Kim Posnett, who has been promoted as the joint-head of global investment banking services unit earlier this week. She is the first woman to assume this role in the company.

O’Brien will be based out of New York, and will report to Giovanni.

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