By Nisha Gopalan
HONG KONG-- Goldman Sachs Group Inc. is relocating its
Asia-Pacific ex-Japan investment banking head Matthew Westerman to
London, replacing him with Andrea Vella and Kate Richdale, who will
become co-heads of the division in the region.
Mr. Westerman will become chairman of Goldman Sachs's Europe,
Middle East and Africa investment banking division, according to a
memo seen by The Wall Street Journal.
Mr. Westerman moved to Hong Kong in 2012 as co-head of
investment banking for Asia-Pacific ex-Japan. He became sole head
of the division last year. He was previously the bank's global head
of equity capital markets, which is the business of underwriting
share sales, including initial public offerings.
Mr. Vella joined Goldman Sachs as a partner in 2007 and
relocated to Asia in 2010. Ms. Richdale joined as a partner in
2013, according to the memo, after a 13-year career at Morgan
Stanley.
Write to Nisha Gopalan at nisha.gopalan@wsj.com
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