Goldman Consumer Director quits Walmart Fintech

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An executive from Goldman Sachs Group Inc. who helped grow his consumer banking business from scratch is quitting to take on a similar job at Walmart Inc.

Omer Ismail, a Goldman partner and head of its Marcus consumer unit, is leaving the bank to lead a recently announced fintech startup Walmart, people familiar with the matter say.

TickerSecurityLastChangeChange% WMTWALMART, INC. 131.38 + 1.52 + 1.17%

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Mr. Ismail, who first joined Goldman nearly 20 years ago, was part of a group of executives who developed a strategy to expand into digital banking in 2014. At the end of the year last year, this company generated $ 1.2 billion in annual revenues …

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