Talent Management

Our people are our most valuable asset. Our focus is not solely on attracting and developing top talent; putting the right people in the right jobs is critical to our ability to deliver the full capabilities of our global franchise.

Career mobility is vital to ensuring that we are able to fully leverage the skills and experiences of our people. This mobility happens within and across divisions and geographic regions, at all levels of the Firm, including our Executive Committee. For example, in 2007 we appointed Erin Callan chief financial officer and added her to the Executive Committee. She had previously headed Global Hedge Fund Coverage within the Investment Banking Division. In connection with this appointment, Chris O’Meara, our former chief financial officer, was named global head of risk management.

These individuals are among the many examples of the Firm putting the right talent where it is needed most. In 2007, we transferred more individuals into new positions than ever before. By moving top talent from within one of our business segments into another, we strengthen our Capital Markets, Investment Banking, and Investment Management businesses with an influx of new experiences and expertise. Career mobility also plays a vital role in our continuing commitment to driving diversified growth geographically. Our India franchise has been strengthened by moving key management from other regions and areas of the Firm, and people from across the Firm have contributed to the continued expansion of our Asia-Pacific platform. By moving our people into these areas, we also ensure that the Firm’s culture remains strong as we continue to grow.

Shown above: Developing top talent and putting the right people in the right jobs are critical to our ability to deliver the Firm.