Barrick Gold has appointed former Goldman Sachs Vice Chairman J. Michael Evans as a director, joining his former colleague John Thornton on the board of the world’s largest miner of the precious metal.
Bloomberg News reports that Evans, who had been seen as a potential successor to Goldman Sachs Chief Executive Officer Lloyd C. Blankfein, had worked with Thornton, now Barrick’s chairman, in New York and London.
In the meantime, Reza Moghadam, formerly a director at the International Monetary Fund, is joining Morgan Stanley as vice chairman in its global capital markets division, the bank announced on Wednesday. He will assume his new role in the fourth quarter.
The New York Times reports that Moghadam will focus on advising sovereign clients on their financing needs and risk management strategy, the bank said.
Finally, Richard Tang, the head of North America sales at Royal Bank of Scotland’s securities arm, is leaving the bank for hedge fund Element Capital Management as the lender retrenches in capital markets, according to two people with knowledge of the move.
Bloomberg also reports that Tang, who has spent almost two decades at the bank, is one of 16 members of the Treasury Borrowing Advisory Committee that the U.S. government consults with on its debt sales.