Goldman Sachs announced the appointment of Sudarshan Ramakrishnan and Devarajan Nambakam as the co-heads of Investment Banking in India.
In their new roles, Ramakrishnan and Nambakam will be responsible for managing the firm’s broader investment banking strategy and driving growth across industry groups in India with a focus on deepening and broadening client relationships.
Ramakrishnan previously served as the co-chief operating officer of Investment Banking in India. He has been responsible for client coverage in India across Technology, Media & Telecom, Consumer & Retail, Metals & Mining, and select large conglomerates. Previously, he was a member of the M&A team in Asia Pacific Ex-Japan. He joined Goldman Sachs in 2004 from Hong Kong and moved to Mumbai in 2007. He was named a managing director in 2015.
Nambakam previously served as co-chief operating officer of Investment Banking in India. He has covered clients across the Financial Sponsors, Natural Resources, Healthcare, Industrials, and Infrastructure sectors. Nambakam joined Goldman Sachs in 2006 from London and became a member of the Investment Banking team in Mumbai in 2010. He was named a managing director in 2017.
Goldman Sachs also announced the joining of Sunil Khaitan as a managing director and head of Financing in India.
Sunil Khaitan also joined Goldman Sachs in Investment Banking as a managing director and head of financing in India. Along with Kailash Soni, head of ECM in India, he will focus on expanding the firm business to deliver innovative equity and equity-linked as well as debt solutions for clients. Previously, Khaitan was the head of ECM for South East Asia at a global investment bank.
“India is one of the largest and most exciting growth opportunities in the world,” said Sonjoy Chatterjee, chairman and chief executive officer of Goldman Sachs in India. “As the complexity of our clients’ needs grows in tandem with the Indian economy, these appointments reflect our continued conviction to bring together the firm’s global expertise, resources and network to further differentiate the advice, service and execution we provide our clients.”
Additionally, Goldman Sachs will also welcome Kamna Sahni as an executive director at the end of the month.