Tech giant IBM has announced the appointment of Gary D. Cohn as its new company Vice Chairman.

Mr. Cohn joins from the White House, where he was chief economic advisor to President Donald Trump from 2017 to 2018. Prior to that, he served as President and COO of Goldman Sachs.

With his expertise and wide range of contacts in the business world, Mr. Cohn will be working alongside CEO Arvind Krishna and the IBM Executive Leadership Team to work on matters such as business development, client services, public advocacy and client relationship management.

Mr. Cohn expressed delight in the company’s decision.

“With the company’s long history of innovation and transformation for every technology era, and a focused growth strategy that will capitalize on the enormous opportunity in hybrid cloud and AI, this is an exciting time to begin working alongside Arvind, the IBM team and IBM’s incredible roster of clients,” he said.

“Gary is a globally respected leader with deep experience operating at the center of business and government,” said CEO Mr. Krishna.

“As a senior representative of IBM, his knowledge of technology and business transformation, combined with policymaking expertise, will bring unique value to our clients and stakeholders as we accelerate our hybrid cloud and AI strategy,” he continued.

Mr. Cohn is currently Co-Chairman of Cohn Robbins Holding Corp. (CRHC), a company that specialises in mergers and acquisitions. He also has investments in various sectors in tech, including cybersecurity, blockchain infrastructure, regulatory technology and medical technology.