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Goldman Is Making Changes to Its Asia Investment Banking Leadership

Goldman Is Making Changes to Its Asia Investment Banking Leadership

(Bloomberg) -- Goldman’s investment banking chiefs in Asia, Andrea Vella and Kate Richdale, will no longer have management roles, according to a person familiar with the matter.

Vella and Richdale will be replaced by Todd Leland. Richdale will move into a role with more client exposure.

Other executives expected to take on bigger regional roles are Raghav Maliah, Goldman’s head of Asia technology banking; Aaron Arth, head of equity capital markets; and Iain Drayton, who covers private-equity funds and sovereign-wealth funds.

The changes were reported earlier by the Wall Street Journal.

To contact the reporter on this story: Sarah Kopit in New York at skopit@bloomberg.net

To contact the editors responsible for this story: Stephen Foxwell at sfoxwell@bloomberg.net, Matthew G. Miller

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