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Goldman Sachs has named Ashok Varadhan as the third co-head of that division.

Varadhan, the 41-year-old chief of macro trading, joins Pablo Salame and Isabelle Ealet in running the securities division, according to an internal memo obtained by Bloomberg News.

Michael DuVally, a spokesman for the New York-based firm, confirmed the memo’s contents.

In the meantime, Bloomberg also reports that Greenhill & Co has hired Rodrigo Mello, a former Goldman Sachs investment-banking executive, as a managing director to help build its new business in Brazil.

Mello, 39, will work in the Sao Paulo office for the New York-based merger-and-acquisition advisory firm, according to Daniel Wainstein, a former partner and chairman of Goldman Sachs’s Brazil investment-banking business who joined Greenhill in October. Mello left Goldman Sachs’s investment-banking division in November after two stints totaling 14 years.

Goldman Sachs Names Varadhan Co-Head of Trading Unit

Greenhill Hires Goldman Sachs's Mello for New Brazil Unit

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