Indian-Origin Ashok Varadhan was appointed as the co-head of the Goldman Sachs' securities division on 11 February 2014. This division is the most profitable and the largest unit among the global investment bank's four units.
Isabelle Ealet and Pablo Salame are other co-heads of security division. This division includes bank's fixed-income, currency and commodities operations as well as its equities unit.
Ashok varadhan would build on Goldman's client franchise across its fixed income, currency and commodities and equities businesses.
Ashok Varadhan is presently, head of macro trading in Goldman's Securities Division. Ashok Varadhan joined Goldman Sachs in 1998 in Swaps Trading.
Ashok Varadhan serves as Vice Chairman of the U.S. Treasury Borrowing Advisory Committee. He graduated from the Duke University. He thus served on the Board of Directors of DUMAC, which manages Duke University’s endowment.