Goldman Sachs confirmed yesterday that it has expanded its top leadership in Asia by appointing two co-presidents for Asia ex-Japan, who will take on the day-to-day responsibility for the firm’s businesses in the region. Assuming the two new roles are Yusuf Alireza, head of Goldman’s securities division in Asia including Japan, and David Ryan, who is co-head of the investment banking division IBD in Asia ex-Japan and chairman of Southeast Asia.
And in a further development, which is a clear nod to the importance of Asia for the bank’s overall franchise, Alireza and Ryan will both become members of Goldman’s global management committee. This will double the number of Asia-based representatives on the committee...
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