The Portuguese banker became the youngest managing director in Goldman Sachs' history at the age of 29.
Every two years, the US investment bank Goldman Sachs, the 10th largest in the world by market capitalization, valued at €243 billion (about €210 billion at current exchange rates), promotes a group of staff to the status of managing director.
In 2023, 608 professionals were promoted. In 2025, the time has come for 638 employees to ascend to this intermediate position in the long and hard climb to the top of an investment banker's professional life. One of the professionals promoted is the Portuguese Paulo Costa. With a particularity: at 29 years old, he is the youngest managing director ever in the history of Goldman Sachs.
