MOVES-Goldman Sachs names Meena Flynn as co-head of One Goldman Sachs-memo

NEW YORK, Feb 26 (Reuters) - Goldman Sachs has named senior wealth executive Meena Flynn as co-head of the firm's client services initiative, One Goldman Sachs, according to an internal memo, in the latest series of executive changes at the firm.

Flynn, who is also global co-head of private wealth management, succeeds Kim Posnett, who has been co-head of One Goldman Sachs since 2021, the memo said.

Bloomberg News earlier reported the appointment.

Sam Morgan is the other co-head of One Goldman Sachs, while Posnett remains as global head of the technology, media and telecommunications group within global banking and markets, the biggest revenue driver for the firm.

Flynn joined Goldman Sachs in 2000, and was named managing director in 2008 and partner in 2014.

Since the start of the year Goldman Sachs has seen the departure of two high-profile executives. Jim Esposito, the co-head of Goldman Sachs' global banking and markets division, plans to retire after almost three decades at the bank.

Beth Hammack, co-head of the global financing group and a member of the management committee, is also leaving the Wall Street giant after more than 30 years with the firm, she announced on her Linkedin page.

Hammack said she plans to take a break for the next several months, spending time with family and "excited to decide what comes next." (Reporting by Saeed Azhar, Editing by Franklin Paul)