Goldman Sachs exec tapped to be U.S. ambassador to Canada

Goldman Sachs executive Bruce Heyman, President Barack Obama’s pick as ambassador to Canada, appeared before the U.S. Senate recently to talk about his plans for the post if confirmed.

Read: Look beyond the Canadian border: AGF

Heyman is managing director of private wealth management at Goldman Sachs in Chicago. He’s been with Goldman since 1980, reports CBC.

He was at the U.S. Senate’s foreign relations committee last week for his confirmation hearing. He told Senators that if chosen, he would use his business acumen to promote trade between the two countries.

“I’ve spent my career constructing business relationships and helping investors see possibilities. If confirmed, I will work to foster trade and investment that creates jobs on both sides of our common border,” he said.

Read: Ex-Goldman exec to challenge California Governor

Heyman, 55, was nominated by Obama in September. He and his wife Vicki were major campaign fundraisers for Obama’s presidential campaigns, reports CBC.

The committee approved his nomination and it will now be voted on by the entire Senate. If successful, Heyman will replace former U.S. Ambassador David Jacobson, who was also an Obama fundraiser.

Read more here.

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Staff

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