Todd Leland is Goldman Sachs’ Asia investment bank CEO
Hong Kong — Goldman Sachs Group has named veteran banker Todd Leland as Asia investment banking head, a person with knowledge of the matter said on Sunday, adding to leadership changes at the bank since CEO David Solomon took over this month. In the new role, Leland, an American who joined Goldman in 1992, will replace Andrea Vella and Kate Richdale as the head of the Asia investment banking unit excluding Japan. Vella and Richdale were appointed co-heads of the unit in 2015. Vella and Richdale will remain in Asia to become the co-chairs of the unit, said the person, who declined to be named as the move has not been made public yet. A spokeswoman for Goldman declined to comment. Leland was named a co-president of the bank for Asia Pacific excluding Japan in September last year, after having previously worked in London for 10 years. He takes over at a time when China’s aggressive outbound push for mergers and acquisitions has slowed this year amid an escalating trade war with the Uni...
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