Goldman Sachs Group Inc. Treasurer Liz Beshel Robinson is stepping down and will be replaced by Robin Vince.

Robinson, 46, will become an advisory director, a title given to some of the firm’s alumni who are no longer employees, at the end of the year, according to an internal memo Wednesday from Chief Financial Officer Harvey Schwartz. Laurence Stein, chief operating officer of the bank’s trading unit, will replace Vince as global head of the operations division, according to a separate memo.

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