By David Winning
SYDNEY--CIMB Group Holdings Bhd. (1023.KU), which is seeking to
complete the acquisition of Royal Bank of Scotland PLC's (RBS.LN)
Australian unit, said Thursday it has promoted RBS Managing
Director Oscar Ludwigson to head up its investment banking
division.
Mr. Ludwigson, who is based in Sydney and currently covers
telecommunications, media, technology and entertainment, has been
with RBS Australia since December 2007.
The U.S.-born banker has worked for ABN Amro in London and
Sydney, Credit Suisse in Melbourne and Citi in New York and
Houston.
This year, Mr. Ludwigson advised APN News & Media (APN.AU)
on its 272 million Australian dollar (US$279 million) outdoor
advertising joint venture with Quadrant Private Equity.
-By David Winning, Dow Jones Newswires; +61-2-82724688;
david.winning@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires