Best known for its advisory work on mega deals, Goldman has in recent years expanded in so-called middle-market deals worth $500 million to $2 billion.

It recently advised Electrical Components International on its $1.9 billion sale to Rosebank Industries.

Khalil will take on additional responsibilities on top of his roles as global head of investment banking client services, and head of the firm's Dallas office and of investment banking in the southern region.

As global head of the so-called cross markets group, established in 2019, Khalil will oversee the bank's strategy to identify new commercial opportunities, the memo said.

Separately, Citigroup hired David Friedland, a Former Head of Americas cross markets group for Goldman, as co-head of North America investment banking coverage.

Khalil joined Goldman Sachs in 1996 as an analyst on the mortgage-backed trading desk, and was named managing director in 2008 and partner in 2016.

--Reuters--