The committee is said to be firm's top decision-making group, and sits just below the board.
Independent investment banking advisory firm Evercore has named Keith Magnus, Asia co-chairman and senior managing director, to its global management committee, «The Business Times» reported on Wednesday.
The publication noted (behind paywall) that the appointment is «one of the rare instances of a Singaporean having made it to the big leagues of a global bank,» and that the committee, which is co-chaired by Evercore president and CEO Ralph Schlosstein and executive chairman John Weinberg.
Star Advisor
The U.S.-based firm hired Magnus, the son of retired chief district judge Richard Magnus, in 2013 from UBS, where he was chairman and head of its investment bank in Singapore and Malaysia.
Magnus helped the firm expand in Southeast Asia to tap into booming deal activity, advising on transactions totaling over S$40 billion in the past four years.
These deals include private equity firm KKR's S$500 million investment in lifestyle products group V3 and the sale of a majority stake in specialty chemicals distributor Tee Hai Chem to Brenntag, estimated at S$200 million to S$300 million, «The Business Times» reported.
