Goldman Sachs Says Telecommunications Banker Manby Retires

Goldman Sachs Group Inc. (GS) said Charles Manby will retire as global chairman of technology, media and telecommunications banking.

Manby will become an advisory director to the firm, the New York-based firm said in a memorandum to employees last month. He joined Goldman Sachs’s corporate finance unit in London in 1990 before becoming a managing director in 1997 and partner in 2000. A spokeswoman confirmed the contents of the document today.

He was one of the “core founders” of Goldman Sachs’s technology practice and advised companies including Deutsche Telekom AG and Vodafone Group Plc (VOD), the firm said in the memo.

Goldman Sachs was the top ranked adviser for technology, media and telecommunications mergers and acquisitions last year followed by Bank of America Corp. and Barclays Capital, according to data compiled by Bloomberg.

To contact the reporters on this story: Christine Harper in New York at charper@bloomberg.net; Ambereen Choudhury in London at achoudhury@bloomberg.net

To contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.net

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