Goldman Sachs has reportedly made more leadership changes in its investment banking unit in Asia, this time with the reshuffle of senior equities roles in Japan and China.
John Joyce will relocate to Tokyo to become head of Japan equities, according to a «Bloomberg» report citing an internal memo, reporting to Shinichi Yokote, Robert Drake-Brockman and Canute Dalmasse.
Joyce joined Goldman in 2001 as an analyst before being named a managing director in 2012. He will remain as global head of Asia franchise sales.
Drake-Brockman will relocate to Asia as co-head of equities distribution and execution for the region, leading the business alongside Dalmasse, the bank said last month.
Greater China Equities
Goldman also named Alexis Tsang as co-head of Greater China equities sales, alongside Philip Sun, the memo said.
Tsang will also jointly lead the hedge fund segment with Laurianne Curtil, co-head of APAC financing distribution, and Fred Grunberger. Tsang joins from Goldman’s strategic client group. He first started working at the bank in 2006 as an analyst and was named managing director in 2015.
In addition, APAC prime services chief operating officer Jig Patel and regional head of micro financing trading Alex Reinert will co-manage the risk management function and daily operations of the prime unit.
Asia Reshuffle
Goldman Sachs has been facing leadership changes in the regional investment banking unit as of late, including the retirement of co-head of APAC equities Ben Ferguson and the relocation of prime brokerage executive Padideh Raphael to New York.
Earlier this week, the American bank internally announced the relocation of E.G. Morse to Shanghai to become the co-head of China and also head of China global markets, as reported by finews.asia.
