Goldman Sachs is set to hire a board member of ICICI Bank as co-CEO for India, the Economic Times newspaper reported on Thursday, citing unnamed sources.

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The newspaper said Sonjoy Chatterjee will be named co-CEO at Goldman Sachs in India, alongside Brooks Entwistle, who has headed the bank's operations in the country since January 2006. The report said the move may be announced in the next few days.

When contacted by Reuters, a Goldman Sachs spokesman in Hong Kong declined comment.