Philippe Altuzarra is returning to London after running Goldman Sachs Group Inc.’s Paris office for three years to serve as advisory director, a person with knowledge of the move said.
Altuzarra will be succeeded in Paris by Pierre Hudry and Christian De Haaij, investment banking co-heads of France, Belgium and Luxembourg for Goldman, the person said, asking not to be identified as an announcement has not been made public.
As advisory director, Altuzarra will give strategic guidance to international advisers in Europe and help cover clients in the region.
The 62-year-old banker joined Goldman in 1993 from Havas, after earlier posts at France’s finance ministry and its Japan embassy. He is a graduate of the Ecole nationale d’administration, which produces many of France’s senior officials and executives.
Altuzarra, who is a partner at the bank, was first tapped to co-run Goldman’s Paris office in 2000, a role he held until 2006, when he was succeeded by Jean Raby and appointed to the international advisory group in London. He returned to Paris in 2009 to co-run the office there with Laurent Lellouche, who remains head of Goldman’s operations in France.
A spokeswoman for Goldman declined to comment on Altuzarra’s move, which was reported earlier by WanSquare, a French news service.