Goldman Sachs nominates, Royal Dutch Shell CFO Jessica Uhl

Goldman Sachs Group Inc’s board of directors on Monday nominated Jessica Uhl, the chief financial officer of Royal Dutch Shell plc to become its newest member.

If her appointment is approved by shareholders, she will be the fifth woman director on Goldman’s board and its only member to come from the fossil fuel industry.

Shell, where Uhl has worked since 2004, recently vowed to eliminate net carbon emissions by 2050.

Goldman’s asset management arm has pushed companies in its investment portfolio to include at least one woman director since 2019.

“We are pleased to have a candidate of Jessica’s caliber who will enhance the diversity of skills and experience represented on our board,” Goldman CEO David Solomon said in a statement.