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Getty Images; Alyssa Powell/BI

2025-11-06T18:01:36Z

• Goldman named 638 employees to the role of managing director on Thursday.
• It’s about 5% bigger than 2023’s class, which promoted 608 employees.
• About 70% of new MDs came from revenue-generating divisions of the bank, Goldman said.

Goldman Sachs opened the gates to its upper ranks on Thursday, naming 638 new managing directors in one of Wall Street’s most anticipated promotion rounds.

The number represents a roughly 5% increase from the firm’s 2023 class of 608, at a time when dealmaking was still recovering from the post-pandemic slump.

This year’s cohort “have helped strengthen our core franchises, with a focus on serving our clients with excellence and operating at scale, while leading and developing strong teams globally,” Goldman CEO David Solomon and President John Waldron wrote in a companywide memo viewed by Business Insider. “These decisions are extremely difficult, and this year was no exception,” the executives added.

New managing director classes are selected every other year, alternating with the firm’s biennial partner promotions. The MD title is a career-defining milestone that sits one rung below partner — Goldman’s most powerful circle outside the C-suite.

Existing partners and managing directors participated in more than 6,000 behind-the-scenes interviews to help determine who made the cut this year, Goldman Sachs said — a nod to the exhaustive nature of the bank’s “cross-ruffing” process by which prospective MDs and partners are vetted by their peers.

A breakdown of Goldman’s 2025 MD class

The bank did not specify how many MDs sit in each division, but noted that more than 70% of this year’s class hail from revenue-generating franchises. That includes major business lines such as global banking and markets, as well as asset and wealth management, among others.

That more than two-thirds of the MDs hail from money-making business lines makes sense. It’s been a strong year for dealmaking and trading. In its most recent earnings report, Goldman said stalwart businesses like mergers advisory and equities trading were up, reflecting a healthier market than many anticipated this year.

Out of the 638 new MDs, 27% were women, or 172. That’s fewer than 2023, when 186 women were promoted. The bank has faced criticism for not doing enough to advance the careers of women executives, and last weekSolomon said the bank hasn’t made enough progress in hiring women.

Here’s a look at additional statistics about 2025 class:

• Men made up 71% of the class. Three percent are members of the LGBTQ+ community, and 1% are US veterans.
• Thirty-one percent of the class are Asian, 3% are Black, 4% are Hispanic/Latinx, and 51% are white, the bank said.
• Almost a third — 31% — began as campus hires, joining the bank out of college. Twenty-nine percent have worked in more than one division. The average tenure of the class is 12 years at the company.
• Fifty-six percent of the 358 new MDs sit in the Americas; 159 (25%) are spread across Europe, the Middle East, and Africa; 78 (12%) are throughout the broader Asia-Pacific region; and 43 (7%) are based in India, where the bank maintains a strategic footprint.

Here’s the full list of the employees who are celebrating at Goldman Sachs today for clinching the title of managing director.

Krishnamoorthy A Jonathan Abraham Manish Acharya Sara Africk Gaurav Agarwal Faisal AlAzmeh James Allen Blanca Almoguera Mikhail Alyurov Florian Amann Guillaume Amar Rohith Amerineni Phil Ames Amar Amlani Nicholas Anaya Evelyn Andersen Mark Andrews Kristin Anschau Geraldine Appert David Arnold Connor Arras Sulabh Arya Usman Ashraf Jacqueline Avens Hamid Azmi Ajay Babu Oliver Bale Christine Banks Jonathan Barber Michele Barbone Andreza Barbosa Mehmet Barlas Devin Barlow Aude Barthelemy Jim Bartie James Bates Michael Battle Kunal Baxi Rebecca Bayard Alexander Beet Tanveer Bellari Anas Benabid Alain Benarous John Bender Jordan Bensoussan Ayush Bhagat Sandeep Bhardwaj Joshua Binns John Blair Luis Blondet-Badaracco Nic Blumsky-Gibbs Rick Bohm Gautam Bolaki AJ Bolduc Tab Boonthaveepat Pala Bose Dina Bradbury Aneta Bresliska Michelle Breyer Euan Briggs Michael Brill Evin Broder Brandon Brown Mickey Brown Prescott Brown Tobias Buchner Tristan Buchs Michael Burlac Travis Burr Siva Burra Jonathan Buss Charles Butler James Bywater Savitha C Drew Camarda Niall Cameron Chris Campbell Ian Campbell Nick Carcaterra Timothy Casey Erick Castillo Mares Charles Cavanna Andrew Chan Calvin Chan Nina Chan Shwetha Chandraprakash Praveen Chandrasekher Saket Chaudhary Bridget Chaudhry Cathy Chen Soraya Chenaf Yu Lik Cheung Saumya Chhaochharia Nagasridhar Chintapalli Elliot Chovev James Christensen Scott Christie Hans Claessens Emma Clancey Claire Clark Kelly Clark Emily Cline Matt Clower Rich Cocozza Wes Cole Nicholas Colletti Marshall Coltrain Ralph Conklin-Berrios Stephanie Conti Jason Coppersmith David Copsey Skaaren Cosse Paulo Costa Myriam Coulibaly Jessie Councilman Jonathan Crawford Alex Cribbes Chris Cunningham Daniel Cuomo Sean Curran Lucy Da Gama Campos Rahul Daga Sami Dagher Conor Daly Finn Dattenberg-Doyle Neel Dave Sandeep Dave Natasha de la Grense Colin Dean Rob Dean Jiffy Deng Swanand Deshpande Joyceleen Devaraj Sudhindra Devarakonda Magali Dheripre Sidney Djite Lizzie Dove Annabel Downs Michele Droz Fiona D’souza Karolina Duda Rachelle Dufault Andrew Dupree Connor Durkin Carolin Ecsy Lindsey Edwards Konstantin Eisenreich John Elduff Ilya Elson Jeremy Elster Marine Epailly Giulio Esposito Martin Ettl Jenny Evans Thomas Evans Marc Eymelt Charles Ezeani Paula Fagundes Raymond Fan William Fantini Scott Farbish Michael Fatterusso Scott Feiler Juan Felix Joe Ferraro Julius Fetthauer Christian Fisch Kyle Fischer Vanessa Fisher McKay Fitt James Fitzgerald IV Olivier Flandre Jason Flaum Stephane Floret Andrew Forester Jason Fortin Dominick Fortino Brian Foust Bill Fox Julien Fradier Tiffany Francis Jason Frieder Ben Fritsche Yosuke Fujisawa Nachiket Gajare Joshua Gajdos Annie Gallivan Shawn Garbien Erin Garcia Nitin Garg Ravi Gavva Sean Gelbwaks Joseph Gerbasi Hank Gerkens Anna Gerl Sebastian Gesell Shervin Ghassemi Abhik Ghatuary Deep Ghosh Nicole Gilbert Adam Gillard Debbie Gim Ned Ginty Chris Gleason Nick Gleize Juelle Gomes Marisol Gonzalez de Cosio Spencer Goodman Alexa Gordon David Gorski Shaan Goswami Romain Goulet Nitin Govil Amy Grady Joseph Grathwohl Melissa Green Chase Greenberg Magda Groszek Kristof Grysolle Jon Gudmandsen Manish Gupta Will Ha Jeanine Haaland Esha Habbi Ayano Hakogi David Hale Justin Hales Joe Hall Moore Hamilton Luke Hammock Ryan Hammond Kane Hannan Abby Hanson Mark Harris Mel Harris David Harte Tom Hartley Alfredo Hasbun Aleksas Hauser Eleanor Hayden Adam Heft Tej Hegde Andrew Henry Hong Heo Maureen Hill Stuart Hillis Mark Hilton Ben Himmelberger Shugo Hino James Ho Christoph Hofer Conor Homscheid Joe Hopgood Lindsay Howard Bo Hu Leo Hu Cecilia Huang Kai Huang Victor Huang Chris Hultman Guttorm Hunskar Joe Hunt Kelly Hunter Peter Husband Robert Ibbotson Laura Imrie Sebastian Ion Ajay Jain Anand Jain Dishen Jain Vishesh Jain Madhav Janakiraman Christy Jesudasan Anand Jha Corinne Johnson Barton Jones Luke Jones Matt Joy Zeljan Juretic Ritu Jutla Richard Kampert Creighton Kang Michelle Kang Shantanu Karkare Parul Karna Karl Karunakaran Rishabh Kathotia Keisuke Kato Dimitris Katsikadakos Ben Katz Jessica Katz Christopher Kavanagh Killian Keane James Keller Jeff Kessler George Kevin Adam Khalil Arjun Khanna Saatwik Khanna Natasha Khera Alexandra Khurudzhi Andrew Kim Soo Young Kim Andrew King Michael Kirby Bruce Kirk James Kitchell Stephan Kitchovitch Robert Kivell Saloni Kochhar Sean Koelbl Dimitris Kofitsas Joseph Kogan Mario Kohl Radek Korneluk Sunil Koul Sushil Krishan Stefan Krueger David Kubrynski Sandeep Kumar Vijay Kumar Sunesh Kumra Tom Kwan Christina Lai Andrew Lai Chin Kon Adam Laikin Efstratios Lambos Adam Landau Camille Laurens Steven Lazzer Clement Le Bars Maya Le Gall Gonsuk Lee Antonio Lellis Jason Leung Alicia Li Huachen Li Yin Hong Li Aurelien Lillaz Celestine Lim Rachel Lin Vincent Lin Ben Linstein Lin Liu Yang Liu Yuanpeng Liu David Livingston William Lloyd Christopher Locke Robert Lombardi Frank Long Gloria Lui Varun Lumba William Lutz Adrian Ma Simon Maalouf Lennart Maaskant Jamie Macdonald Jaclyn Mace Sarah Mackinnon Sarah Madore Prateek Maindiratta Sumedha Majumdar Robert Mancuso Venkata Mandapati Daniel Mapes Ali Margolis Eduardo Marion Jorge Kacey Marr Jay Maru Jim Maske Gen Masuda Daniel Matheis Adwaitvedant Mathkar Julia Matin Stanley Matuszewski Katie McCabe Miles McCarthy Victoria McCarthy-Lepp Charles McConnell Carolyn McCurdy Patrick McDonald Teddy McGehee Richard McIlwaine Brianna McKinney Colin McReynolds Andor Meszaros Eliana Michaels Dan Michelbrink Catie Miller Lachlan Miller Lauren Miller Karishma Misra Vincent Mistretta Nitin Mitta Siddharth Mohan Sudeep Mohapatra Lorenzo Monteleone Prateek Mookerjee Hosik Moon Phil Mooney Shep Moore-Berg Sriram Moorthy Lindsey Morfin Kensei Morita Yusuke Moriyama James Morrison Larkin Morton Thomas Munk Michael Murdoch Shannon Murdock Alexandra Murray Ben Murray Saveen Nair Shyam Nair Rie Nakahara Benjamin Nale Tasneem Nalwala Jeremy Nass Abinand Natarajan Sachindra Nath Nadim Nazha Stanton Neilson Jared Nicholson Regina Normil Chinwendu Nwakanma Will O’Brien Gerard O’Connor Mark Ohl Chichi Okorie Abi Okuboyejo Ines Orozco Jamal Osman Timothy Ostrander Tosin Oyetunji Sayan Pal Dhruv Panchal Amit Pandya Mukesh Pant Andreas Papademetris Jeffrey Papai Arash Partow Steve Pastrick Neha Patel Matthias Patzold Cara Pazdon Neel Peddibhotla Jason Pelletier Jack Pelzig Bryan Perry Jeremiah Perry Blaine Peterson Brian Peterson Germain Petit Pascal Petit Toan Pham Hunter Pierson Benny Pinkas Casey Plant Arlene Ponce Mark Popeleski Dan Popescu Eric Porter Saji Poulo Richards Prabhu Christine Pu Amit Puri Gabrielle Putter Daniel Quinn Laura Calle Quinn Alvaro Quiros Rubio Fisal Rahman Aditi Rai Dastidar Rachel Rajkovich Shalini Ramesh Fernando Ramos Manoj Rangwani Anirudh Rao Alex Rauner Kaushik Raghavan Ravi Soma Ravi Rishma Ravindran Jason Raxenberg Emily Reagan Madhu Reddy Matt Reid Mike Reilly Martin Rensing Tyler Renzi Alberto Ricci Paige Richey Brittany Riggs Courtney Riley Brooke Roach Huw Roberts Camila Rodriguez Bedoya Scott Rog Sarah Romo Kenneth Rosen Andrew Ross Natalia Ross Nathan Roth William Rowsey Rohan Roy Anirban Roy Choudhury Doorvasha Ruhee Antoine Rupp-Dahlem Javier Sabino Tomas Safstrand Habib Saikaly Anu Saimy Bruno Salazar Paolo Santi Michael Santiago Anthony Santulin Yuho Sasaki Jeenal Satija Akihito Sato Dmitry Savransky Chris Sbrocchi Cayley Schafer Jim Schneider Carla Schriver Alexa Schrod Sahil Seekond Michael Seeley Lonn Selbst Debra Selvaggio Santanu Sengupta Peter Seok Julia Servera Rikin Shah Tony Shan Rishi Sharma Raphael Shen Yang Shen Dylan Sherwood Steven Shieh Minki Shin Allison Shrier Hirsh Shukla Kai Sikorski Ian Silverbrand Larkyn Sinclair Akanchsha Singh Bhavana Singh Harry Singh Himanshu Singh William Sipzner Michael Snaith Prakriti Sofat Kailash Soni Steve Spicer Nikos Spiliopoulos Alana St. Aude Kirk Stafford Mark Stearns John Stevenson Bryan Stokes Jessica Strumeyer Jennifer Sullivan Chris Sun John Sutton Christy Szalwinski Adriana Tajonar Akiko Takai Lisa Tan Tony Tang Steve Taylor Lola Ladeinde Temple Andrew Teo Ankita Thakkar Thomas Thomas Guy Thompson Nolan Thompson Madana Mohan Thota Adam Threadgold Jia Tian Lara Tipping Joakim Tobieson Saket Todi Kyra Toomre Jorge Torrecilla Vito Trisuzzi Bering Tsang Matthew Tyas Stephanie Underwood Abhishek V Nick Van Dusen Gautam Vattem Pierre Viandaz Javier Villota Vaquero James Vincent Mariano Vojvodic Ruzir Robert Waelder Garrett Wallace Darryl Walsh James Walsh Michael Walton Yian Wang Lee Warmack Jason Warzala James Waters III Sarah Watkins Nick Webb Brad Weber Alice Wei David Weinstein William Wells Alexandra Wessel Tabatha Westbrook Troy Wickett Chase Williams Silvana Williams Matt Williamson Craig Wilson Brennan Woods Jing Wu Marco Wu Siwen Wu Wilson Wu Olivia Xia Swathi Yalaka Mahitha Yalamanchili Masahiro Yamashita Andrew Yang Linan Yang James Yaro Jeevan Yelety Deniz Yildiz Felix Yip Daisy Yu Sahar Zafar Jacqueline Zaykova Merrie Zhang Youyi Zhang Alessio Xien Zhou Michael Zwick

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