Goldman Sachs Appoints Co-Heads of Investment Banking in India

Goldman Sachs has named Sudarshan Ramakrishnan and Devarajan Nambakam as co-heads of investment banking in India, marking a strategic move to strengthen its presence in the country. Reporting to Sonjoy Chatterjee, Chairman and CEO of Goldman Sachs in India, Ramakrishnan and Nambakam bring extensive experience and leadership to their new roles. 

Ramakrishnan, who joined Goldman Sachs in Hong Kong in 2004 and later moved to Mumbai in 2007, has been instrumental in client coverage across technology, media & telecom, consumer & retail, metals & mining, and conglomerate sectors. 

Nambakam, who transitioned from London to Mumbai’s investment banking team in 2010, has a strong background in serving clients in financial sponsors, natural resources, healthcare, industrials, and infrastructure sectors. 

Additionally, Kamna Sahni is set to join Goldman Sachs in Mumbai as an executive director by the end of this month. 

Sonjoy Chatterjee emphasized India’s strategic importance, stating, “India is one of the largest and most exciting growth opportunities in the world.” He highlighted the appointments as a reflection of Goldman Sachs’ commitment to integrating global expertise, resources, and networks to enhance client advisory, service, and execution capabilities in India.