Blessing Leaves Goldman After 20-Year Investment Banking Career

Feb. 27 (Bloomberg) -- Dorothee Blessing, who rose to become co-head of investment banking for Germany and Austria at Goldman Sachs Group Inc. in a career spanning 20 years, is leaving the U.S. investment and securities firm.

Blessing, 45, who is married to Commerzbank AG Chief Executive Officer Martin Blessing, has decided to retire from Goldman Sachs after “20 years of distinguished service,” according to an internal memo obtained by Bloomberg News today. Her departure was first reported by Manager Magazin, which said she’s leaving for personal reasons.

The investment banker, who has worked in Frankfurt, London and New York for the U.S. firm, was named managing director in 2001 and partner in 2005. She joined Goldman Sachs in 1992 as a Frankfurt-based financial analyst in the corporate finance department.

--Editors: Dylan Griffiths, Steve Bailey.