NEW YORK — Goldman Sachs has appointed former World Bank Group President Robert B. Zoellick as an adviser.
Zoellick, who will be based out of Washington D.C., will be chairman of the firm’s international advisers. He will advise Goldman Sachs Group Inc. on global strategic issues and oversee 16 international advisers.
Zoellick was president of the World Bank Group for five years, with that term ending in June 2012. Prior to that, he served as vice chairman, international for Goldman Sachs from 2006 to 2007.
During the past year Zoellick was a distinguished visiting fellow at the Peterson Institute for International Economics and senior fellow at the Belfer Center for Science and International Affairs at Harvard University.
Shares of New York-based Goldman Sachs fell $1.31 to $155.24 in Monday afternoon trading.