NEW YORK (CBSNewYork/AP) — An executive from Goldman Sachs was named the deputy mayor of housing and economic development by New York City Mayor-elect Bill de Blasio on Monday.

Alicia Glen is the current head of the Urban Investment Group at Goldman Sachs.  De Blasio said she will lead the administration’s efforts to invest in emerging industries, build affordable housing and promote living wage employment.

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Glen served as the assistant commissioner for housing finance at the New York City Department of Housing, Preservation and Development from 1998 to 2002.

In announcing Glen’s appointment, de Blasio reiterated his commitment to passing better living wage requirements and laid out strategic investments to foster economic growth across the city.

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The mayor-elect also appointed Laura Santucci, who previously worked as acting executive director of the Democratic National Committee, to serve as his chief of staff.

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