Alejandro Vollbrechthausen to Head GS Brazil

Alejandro Vollbrechthausen is joining Goldman Sachs as president of its Brazil bank, responsible for managing the Sao Paulo office across all divisions of the firm. Vollbrechthausen will report to the divisional leadership. He replaces Valentino Carlotti, who will relocate to New York. Vollbrechthausen previously managed the sales, structuring and derivatives marketing effort in LatAm and Emerging Markets Sales desk in New York. He joined Goldman Sachs in 2001 as VP in FX LatAm sales and was named MD in 2003 and partner in 2006. Goldman has also hired Rodolfo Suarez from Safra as MD responsible for debt financing in Brazil, working on the team headed by Richard McNeil out of New York. “We’re going to substantially increase our investment banking footprint,” says Carlotti, who will remain in Sao Paulo while Vollbrechthausen transitions into his new role.