But this divestment should not be seen as a demotion, the spokesperson said, pointing out that Amrolia remained a partner throughout his career with Goldman. "The move was purely part of our restructuring," the spokesperson said, adding that Amrolia left the bank "by mutual consent", to pursue other interests.
Amrolia joined Goldman from Deutsche Bank in London. When he left that bank in August 2000, he managed the day-to-day running of global markets e-commerce. He joined Deutsche in 1995 as global head of FX options sales, became European head of FX sales in 1998 and managing director of FX sales after the Deutsche/Bankers Trust merger in 1999.