Global investment bank Goldman Sachs (GS) Group Inc has named John Kim, the co-country head of Goldman Sachs Korea since 2007, as the head of mergers and acquisitions (M&A) for Asia, excluding Japan.
Kim joined Goldman Sachs around 14 years ago and was elevated as managing director in 2005 and became a partner in 2012.
He will now relocate to Hong Kong from Seoul in July to assume the new position.
Kim takes over from Richard Campbell-Breeden, who has now been named as vice chairman of investment banking for Asia-Pacific region, excluding Japan.
Campbell-Breeden, who joined the Wall Street giant way back in 1989, has been head of M&A in the region since 2011 and chairman of the industrials group since 2013.
In another simultaneous move Christos Tomaras, currently a managing director with Goldman Sachs, will relocate to Hong Kong from London.
In India Goldman Sachs’ investment banking unit has been somewhat low key in the absence of large M&A deals and a punctured IPO market. However, with a new government in place the activity is expected to pick up.
Meanwhile, Goldman Sachs is advisor for Japan’s Daiichi Sankyo in the proposed deal where it is swapping its holding in Ranbaxy with Sun Pharma as part of a larger M&A deal.
(Edited by Joby Puthuparampil Johnson)
