Goldman Sachs CTO switches to hedge fund Castle Investment

Another senior executive from Wall Street has moved to Citadel Investments, this time it is Atte Lahtiranta, the Chief Technology Officer (CTO) of Goldman Sachs. He will join Ken Griffin's hedge fund Citadel, responsible for managing the core engineering team and focusing on technology to support trading and risk functions. Ken Griffin believes that positions like this are attracting attention from senior executives at large investment firms. He mentioned at the Milken Institute Global Conference in May that the focus on artificial intelligence has increased the importance of roles such as Chief Technology Officer (CTO) and Chief Information Officer (CIO). Citadel Investments and its competitors have been using generous returns to attract top talent in the industry, leading to increasingly higher salaries for many positions. Citadel Investments has always been a popular destination for former Goldman Sachs employees to switch to. Key investment, operational, and administrative positions at the hedge fund are held by former senior executives from Goldman Sachs, such as Pablo Salame, who used to head the trading division at Goldman Sachs