Goldman Sachs promotes 638 people to managing director. See all the names here

• 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 week Solomon 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, or 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 AJonathan AbrahamManish AcharyaSara AfrickGaurav AgarwalFaisal AlAzmehJames AllenBlanca AlmogueraMikhail AlyurovFlorian AmannGuillaume AmarRohith AmerineniPhil AmesAmar AmlaniNicholas AnayaEvelyn AndersenMark AndrewsKristin AnschauGeraldine AppertDavid ArnoldConnor ArrasSulabh AryaUsman AshrafJacqueline AvensHamid AzmiAjay BabuOliver BaleChristine BanksJonathan BarberMichele BarboneAndreza BarbosaMehmet BarlasDevin BarlowAude BarthelemyJim BartieJames BatesMichael BattleKunal BaxiRebecca BayardAlexander BeetTanveer BellariAnas BenabidAlain BenarousJohn BenderJordan BensoussanAyush BhagatSandeep BhardwajJoshua BinnsJohn BlairLuis Blondet-BadaraccoNic Blumsky-GibbsRick BohmGautam BolakiAJ BolducTab BoonthaveepatPala BoseDina BradburyAneta BresliskaMichelle BreyerEuan BriggsMichael BrillEvin BroderBrandon BrownMickey BrownPrescott BrownTobias BuchnerTristan BuchsMichael BurlacTravis BurrSiva BurraJonathan BussCharles ButlerJames BywaterSavitha CDrew CamardaNiall CameronChris CampbellIan CampbellNick CarcaterraTimothy CaseyErick Castillo MaresCharles CavannaAndrew ChanCalvin ChanNina ChanShwetha ChandraprakashPraveen ChandrasekherSaket ChaudharyBridget ChaudhryCathy ChenSoraya ChenafYu Lik CheungSaumya ChhaochhariaNagasridhar ChintapalliElliot ChovevJames ChristensenScott ChristieHans ClaessensEmma ClanceyClaire ClarkKelly ClarkEmily ClineMatt ClowerRich CocozzaWes ColeNicholas CollettiMarshall ColtrainRalph Conklin-BerriosStephanie ContiJason CoppersmithDavid CopseySkaaren CossePaulo CostaMyriam CoulibalyJessie CouncilmanJonathan CrawfordAlex CribbesChris CunninghamDaniel CuomoSean CurranLucy Da Gama CamposRahul DagaSami DagherConor DalyFinn Dattenberg-DoyleNeel DaveSandeep DaveNatasha de la GrenseColin DeanRob DeanJiffy DengSwanand DeshpandeJoyceleen DevarajSudhindra DevarakondaMagali DheripreSidney DjiteLizzie DoveAnnabel DownsMichele DrozFiona D’souzaKarolina DudaRachelle DufaultAndrew DupreeConnor DurkinCarolin EcsyLindsey 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PetersonGermain PetitPascal PetitToan PhamHunter PiersonBenny PinkasCasey PlantArlene PonceMark PopeleskiDan PopescuEric PorterSaji PouloRichards PrabhuChristine PuAmit PuriGabrielle PutterDaniel QuinnLaura Calle QuinnAlvaro Quiros RubioFisal RahmanAditi Rai DastidarRachel RajkovichShalini RameshFernando RamosManoj RangwaniAnirudh RaoAlex RaunerKaushik Raghavan RaviSoma RaviRishma RavindranJason RaxenbergEmily ReaganMadhu ReddyMatt ReidMike ReillyMartin RensingTyler RenziAlberto RicciPaige RicheyBrittany RiggsCourtney RileyBrooke RoachHuw RobertsCamila Rodriguez BedoyaScott RogSarah RomoKenneth RosenAndrew RossNatalia RossNathan RothWilliam RowseyRohan RoyAnirban Roy ChoudhuryDoorvasha RuheeAntoine Rupp-DahlemJavier SabinoTomas SafstrandHabib SaikalyAnu SaimyBruno SalazarPaolo SantiMichael SantiagoAnthony SantulinYuho SasakiJeenal SatijaAkihito SatoDmitry SavranskyChris SbrocchiCayley SchaferJim SchneiderCarla SchriverAlexa SchrodSahil SeekondMichael SeeleyLonn SelbstDebra 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IIISarah WatkinsNick WebbBrad WeberAlice WeiDavid WeinsteinWilliam WellsAlexandra WesselTabatha WestbrookTroy WickettChase WilliamsSilvana WilliamsMatt WilliamsonCraig WilsonBrennan WoodsJing WuMarco WuSiwen WuWilson WuOlivia XiaSwathi YalakaMahitha YalamanchiliMasahiro YamashitaAndrew YangLinan YangJames YaroJeevan YeletyDeniz YildizFelix YipDaisy YuSahar ZafarJacqueline ZaykovaMerrie ZhangYouyi ZhangAlessio Xien ZhouMichael Zwick

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