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Goldman’s head of global markets division to retire in March

© Reuters. Goldman Sachs veteran trader Michael Daffey is seen in this undated handout photo, in London

(Reuters) – Michael Daffey, chairman of Goldman Sachs Group Inc (NYSE:)’s global markets division, is set to retire in March, according to an internal memo seen by Reuters and confirmed by a spokeswoman.

Daffey, who has been at the bank for nearly 28 years, helped the bank’s preparation for Brexit, the memo said.

The outgoing chairman was also the global co-chief operating officer of the bank’s equities franchise, before joining his current role.

Daffey was named managing director in 2000 and a partner in 2002.

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