Goldman Sachs names 78 execs as new partners; 32-yr old Kunal Shah youngest

Global investment bank Goldman Sachs Group Inc has promoted 78 individuals at the company as partners, including around half a dozen of Indian origin, according to a statement. The newly promoted individuals will become partners of the firm as of January 1, 2015.

Goldman Sachs announces partner promotions every two years. In 2012, the New York-headquartered investment bank had promoted 70 partners of which at least three were of Indian origin. In 2010 it named 110 partners while in 2008 – at the peak of the financial crisis – the firm picked 94 new partners.

With the new addition, there are now 467 partners at Goldman Sachs, an investment bank that has more than 30,000 employees.

“These appointments recognise some of the firm's most senior professionals and acknowledge their embodiment of our culture and values, and their leadership of the firm’s business and people,” said Lloyd C Blankfein, chairman and CEO of Goldman Sachs.

“We look forward to their continued strong performance and leadership in the years ahead,” Blankfein added.

The list includes at least five new partners of Indian origin namely Meena Lakdawala Flynn, Manikandan Natarajan, Kunal Shah, Rajesh Venkataramani and Umesh Subramanian.

Kunal Shah, an emerging markets trader based in London, is the youngest among the new partners as he has been named as Goldman Sachs Partner at the age of 32. Shah, who graduated from Cambridge University with a mathematics degree, was promoted to managing director at the age of 27. He was also named in the Forbes' 30 under 30 Finance list in 2011.

However, he is not the youngest ever or for that matter the youngest ever of Indian origin to become partner at Goldman Sachs. That record is held by Eric Mindich, who became partner at the age of 27 in 1994. He later quit to launch hedge fund Eton Park.

Dhruv Piplani, holds the record of becoming youngest ever partner of Indian origin at the haloed Wall Street bank. He did so at the age of 29 four years ago.

The list includes 23 employees from investment banking, 25 from securities, 11 from investment management, four from merchant banking, three from research and 12 from what is known as "the Federation," which includes back- and middle-office roles.

Of the total, an overwhelming 50 work in the US, with just 19 representing EMEA and eight coming from APAC.

Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. The company went public in 1999.

Here's the full list:

Fadi Abuali

Aaron Arth

Jennifer Barbetta

Thomas Barrett

Gerard Beatty

Shane Bolton

Will Bousquette

Kane Brenan

Tavis Cannell

T.J. Carella

Gary Chropuvka

Darren Cohen

Stephanie Cohen

Kathleen Connolly

Sara Devereux

Iain Drayton

Carlos Fernandez-Aller

Jonathan Fine

Meena Lakdawala Flynn

David Friedland

Jan Fritze

Dino Fusco

Huntley Garriott

Jeff Gido

Littleton Glover

Cyril Goddeeris

Alexander Golten

Jason Gottlieb

Joanne Hannaford

Julie Harris

Edouard Hervey

Matthias Hieber

Charles Himmelberg

Sean Hoover

Pierre Hudry

Irfan Hussain

Kevin Kelly

Tammy Kiely

Maxim Klimov

Edward Knight

Etsuko Kobayashi

Nyron Latif

Greg Lee

Dirk Lievens

Kyri Loupis

John Madsen

Richard Manley

Michael Marsh

Ali Meli

David Miller

Joseph Montesano

Eric Muller

Manikandan Natarajan

Fergal O'Driscoll

Kristin Olson

Jernej Omahen

Nicholas Phillips

Rob Pulford

Colin Ryan

Carsten Schwarting

Kunal Shah (London)

Richard L. "Jake" Siewert

Jason Silvers

Kevin Sterling

Umesh Subramanian

Dan Swift

Ben Thorpe

Oliver Thym

Joe Todd

Hiroyuki Tomokiyo

Thomas Tormey

Mark Van Wyk

Rajesh Venkataramani

Matthew Verrochi

Owen West

Ronnie Wexler

Xiaoyin Zhang

Adam Zotkow

(Edited by Joby Puthuparampil Johnson)

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