Two siblings shaping Goldman Sachs share how they rose to the top

• Neema and Padi Raphael are siblings — and partners astatine Goldman Sachs.

• Neema is the main information officer; Padi is the planetary cohead of third-party wealthiness successful plus management.

• They shared the communicative of rising alongside each different astatine 1 of Wall Street's astir demanding firms.

One caller day astatine 200 West Street, Goldman Sachs spouse Padi Raphael was walking a lawsuit toward the elevator astatine the bank's New York office erstwhile the doors opened. Out stepped Goldman's main information officer.

The timing couldn't person been better. The lawsuit had been asking for the accidental to conscionable him.

It besides meant Padi was coming face-to-face with the coworker she calls her "best friend": her brother.

What makes the infinitesimal astatine the elevator truthful antithetic isn't conscionable that Padi and Neema Raphael are siblings. It's that some person risen to go partners astatine Goldman, placing them among astir 500 radical astatine a steadfast of astir 49,000.

They present steer parts of the steadfast that are indispensable to its future.

Padi, 47, is the planetary cohead of the third-party wealthiness concern astatine Goldman Sachs Asset Management, having built her vocation successful markets and client-facing roles crossed Europe and Asia. She's halfway ringing successful a blistery assemblage for the firm, moving with broker-dealers, backstage banks, and concern advisors to pull much affluent clients.

Neema, 44, roseate done the tech concern and present leads hundreds of engineers who enactment connected the bank's information and AI systems. His relation is cardinal to Goldman's propulsion into artificial intelligence, a precedence for CEO David Solomon.

"Our clients person a immense appetite for proceeding his insights connected each things data-related," Padi told Business Insider successful a associated interrogation with her brother. For years, she joked, Neema was known internally arsenic Padi's younger brother. Now, the shorthand has flipped.

The elevator brushwood captured the antithetic convergence of 2 careers that had spent decades moving successful parallel — for astir of their clip astatine Goldman, the siblings worked successful antithetic divisions and connected antithetic continents. Only precocious did they statesman showing up to the aforesaid office.

They shared with Business Insider an intimate look astatine however they navigated their rise.

The Raphael siblings grew up successful Los Angeles, the children of Iranian immigrants who emphasized the value of education. Their parents collectively clasp 3 master's degrees and a Ph.D.

"We made acquisition and learning a priority, and encouraged curiosity, reasoning, and discourse," their parents, Nora Ghodsian and Bijan Raphael, said via email.