Bengaluru, India – November 12, 2019: Vijay Karnani, co-head of Goldman India is retiring from the bank after 21 years of his service with the company through a message seen by Bloomberg news.

Mr Karnani’s contribution started at Goldman Sachs in 1998 as an associate in equity capital markets and later shifts to the derivatives team at Hong Kong in 2000, according to the message. He was the head of the bank’s security business in India in 2009 and after two years he became the co-chief executive officer. Mr Karnani was named Managing Director in 2007 and Partner in 2010. Prior to joining the firm, Mr Karnani worked in the

investment banking at Credit Suisse First Boston in New York.Mr Karnani earned undergraduate degrees in Electrical Engineering and Finance from the University of Pennsylvania in 1994 and an MBA from North-western University in 1998.A spokesperson from New York based bank said that Karnani will be retiring at the end of 2019, after the confirmation from the content of the memo.

The Goldman Sachs Group, Inc. is leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. The business turns ideas into reality for the clients and customers throughout the world. The various division explored by Goldman Sachs is operations, engineering, risk, finance, human capital management, executive office, global compliance, global investment research, investment banking, internal audit, consumer and investment management, reality management, securities on sales and trading etc.

Goldman Sachs India Securities Private Limited provides investment management service. The organisation offers investment banking, portfolio management, wealth advisory, financial counselling, brokerage and lending services. Goldman Sachs India serves their customers worldwide. The business serves leading corporate and institutional clients through corporate finance advisory, equity sales and trading and fixed income securities business, as well providing macro-economic and investment research.

Sonjoy Chatterjee, chairman and co-chief executive of Goldman Sachs in India, will be the sole head of the business in the country, the bank’s spokesman said.