Who are the up and coming movers and shakers in Goldman Sachs' investment banking division (IBD)? Partners obviously lead the way, but you shouldn’t overlook the bankers who are several steps away from becoming managing directors.
Every December, Goldman announces which associates have earned a promotion to vice president. Here are examples of recently promoted VPs in the U.S. who are making a play to put themselves on the track to eventually join the ranks of Goldman MDs.
Carolyn McGuigan interned at EY and then joined the Big Four professional services firm as an assurance associate after graduation. She joined Goldman as a senior analyst in late 2013 and was promoted to Associate in early 2015 – it’s taken her four years to reach VP.
Stephanie Stadig worked her way up from analyst to associate on the private equity fund accounting team within Goldman’s finance division while studying at NYU part-time to get her Master’s degree. In 2014, she shifted gears, making an internal move to the fund management group within Goldman’s merchant banking division, where she worked for three and a half years as an associate before earning her recent promotion to VP.
After graduating from Duke University in 2007, Chauncey Nartey entered the Teach for America program, working as a history teach in Philadelphia, and stayed in the education field until 2015, when he joined Goldman as an associate. Earning a promotion to VP in just two years without a previous banking background is quite impressive.
Working as a summer analyst at Deutsche Bank helped Al Diaz land an energy analyst position at GE Capital, where he worked for almost two years before jumping to Fifth Street Management’s middle-market leveraged buyout lending and equity co-investment business as an associate. He then became a senior associate in the sponsor finance group at American Capital before joining Goldman’s private credit group. It only took him a year to earn the promotion to VP.
Neha Mishra worked at Accenture and EY before becoming an investment banking associate at NBK Capital. She decided to get her MBA at UPenn’s Wharton, during which time she worked as a summer associate at Goldman. After graduating in 2014, she became a full-time associate at the firm specializing in technology, media and telecommunications (TMT) investment banking.
After interning at GM Asset Management and Goldman, Lalit Gurnani got his B.A. in neuroscience at Columbia University, then joined GS as an analyst. He worked in the firmwide strategy group and then the office of the chairman before making the switch to TMT investment banking, moving from New York to the San Francisco office. It’s taken him five and a half years to reach VP.
After graduating from Vanderbilt University, Rob Shearer joined Goldman as a strategic relationship management analyst and then, after two and a half years, jumped over to the IBD, where he worked as an analyst for two more years before earning a promotion to associate. In all, it took him eight years to climb the ladder to VP.
Tomislav Kostadinov, CPA, interned at AIG Advisor Group and then joined Schwartz & Co. as an auditor after graduating from Adelphi University. He joined Goldman as a senior analyst in 2013 and earned a promotion to associate in 2015 – it’s taken him a little over four years to make VP.
Seamus Egan worked as a senior associate in the financial services audit group at KPMG Ireland before moving to Boston to work at a consultancy with Big Four clients. In 2015, he joined Goldman’s New York headquarters as an associate focused on financial analysis and divisional reporting on equities and fixed income, currencies and commodities (FICC) within the securities division. It took him less than two and a half years to make it to VP.
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