Goldman Sachs has appointed Dan Dees as co-head of its investment-banking business, the group’s most profitable unit.

The latest reshuffle comes a month before David Solomon takes the charge as CEO of the bank.

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Dees, who currently heads the technology, media and telecom investment banking group, will share the new responsibility with Gregg Lemkau and Marc Nachmann.

He joined the company in 1992 in the Corporate Finance Group within the group’s Investment Banking Division (IBD).

In 1994, he moved to the Capital Markets Department and held multiple responsibilities being based in Hong Kong and New York.

Dees also worked on the Goldman Sachs initial public offering from 1998 to 1999 as well as managed many technology capital markets businesses from 1999 to 2001.

In 2012, Dees was appointed as the head of IBD for Asia Pacific Ex-Japan. Later in 2014, he relocated to San Francisco to assume the responsibility of global co-head of the TMT Group.

Currently, he is also a member of the management committee, IBD Executive Committee and IBD Growth Investment Committee.

Earlier this week, Goldman Sachs appointed John Waldron as its new president and COO. He will assume the new responsibility on on 1 October 2018.

The company also appointed Stephen Scherr as its new finance chief, under its management reshuffle programme.