Colin Coleman retires as sub-Saharan African CEO of Goldman Sachs

Colin says that he will stay involved in helping SA through his role at Youth Employment Services.

Goldman Sachs sub-Saharan African CEO Colin Coleman has announced his retirement at the end of the year. He promised, however, to stay involved in helping South Africa’s struggling economy. Coleman will be taking up a senior fellow and lecturer role with Yale University’s Jackson Institute for Global Affairs

Colin said that during his tenure he was fortunate to play a central role in the region’s most important domestic and cross-border transactions. 

At Yale, Colin will teach a graduate-level course on “Africa: Doing Business in the Last Frontier of Global Growth” in the spring 2020 semester. 

About his appointment, he said:

“I am absolutely delighted to shortly join the esteemed faculty at Yale University, where I can invest without restriction in deep thinking about, and be a voice for, the future of Africa.” 

Colin will remain co-chair of the Youth Employment Service (YES) initiative, which helps to place young South Africans as interns in South African businesses, and says that is the kind of role he sees for himself in future.

Read more: President Ramaphosa can’t do it alone says Colin Coleman

Colin has been with Goldman Sachs for more than 20 years. He took up the role of sub-Saharan Africa in January 2019 after heading up Goldman Sachs South Africa since 2000. In 2008, he was named head of the investment banking division for sub-Saharan Africa. He was appointed managing director in 2002 and partner in 2010. 

He was an anti-apartheid activist and deeply involved in South Africa’s constitutional transition from apartheid to democracy. He served in working groups of the multi-party talks, facilitated the International Mediation Forum and helped to negotiate the agreement to facilitate all parties’ participation in South Africa’s 1994 elections.

Colin said that during his professional career he has been close to the public and private sector and can now “assist both”. 

Colin also serves on the Steering Committee of the CEO Initiative.