The 49 promotions in India for 2025 compare with 35 in 2023, the global financial services major said in a statement on Friday. (Photo: Wikimedia Commons) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Goldman Sachs has elevated 49 India-based employees to the role of Managing Director (MD) out of a global total of 638, marking the firm’s largest-ever MD promotion round in the country.

The 49 promotions in India for 2025 compare with 35 in 2023, the global financial services major said in a statement on Friday. Worldwide, 638 individuals have been promoted to MD this year, including 94 Indian citizens, up from 80 in 2023 and 71 in 2021.

The company statement read, "Today, we are pleased to announce that 638 individuals across 54 offices have been invited to become manag

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