Goldman Sachs Group Inc. has recently promoted 95 executives to its partnership, which is the largest increase since David Solomon became CEO in 2018.

This surpasses the previous record of 80 promotions set in 2022 during Solomon's tenure. The selection process, which occurs every two years, aims to identify a select few to join the prestigious ranks of the New York-based bank.

This move reflects Goldman Sachs' commitment to leadership development and succession planning. The news was reported earlier this week, emphasizing the firm's strategic focus on strengthening its executive team.