Goldman promotes India's Gunjan Samtani, three other Asia executives

Globally, Goldman picked 60 employees for its newest batch of partners, the fewest since 1998, a year before it went public

Goldman Sachs Group Inc. elevated four executives in Asia in its biennial partner promotions, less than half the number from 2018, even as the region maintained its contribution to the US bank’s global revenue.

Only 7% of the partners promoted this year were based in Asia, compared to 14% two years back, according to Goldman’s earlier announcement. The new partners are Christina Ma and Ales Sladic from global markets and Michael Hui in asset management, all based in Hong Kong, as well as Gunjan Samtani from engineering in India. Goldman, the last major private firm on Wall Street, promoted 10