Germany has chosen Joerg Kukies, a former Goldman Sachs executive, as its new finance minister. This appointment continues the trend of Goldman Sachs alumni holding important positions in global economic governance.
Kukies' appointment highlights the influence of Goldman Sachs in shaping international economic policy. His experience and connections are expected to be valuable in addressing Germany's economic challenges and strengthening its position within the European Union and the global market.
Since early 2006, individuals from the investment bank have occupied significant roles in at least one G7 nation, including prime minister, finance minister, or central bank chief. This demonstrates the reach and impact of Goldman Sachs in the realm of global finance.