(Bloomberg) -- Goldman Sachs Group Inc. named Raghav Maliah and Jung Min as new leaders for its mergers and acquisitions business in Asia ex-Japan as John Kim joined buyout firm Carlyle Group.
As part of the reshuffle, Sushil Bathija, co-head of Southeast Asia, will also be part of the bank's M&A team for Asia ex-Japan, according to an internal memo seen by Bloomberg News. The contents of the memo were confirmed by a spokeswoman for the bank. Pierre Chu and Weigang Li will remain as co-heads of China M&A.
Kim, who was most recently head of M&A for Asia ex-Japan and has held various other roles, is retiring from Goldman Sachs after 19 years at the firm. He is joining Carlyle as a managing director of its Asia buyout team and will start in March, according to a separate press release. He will lead Carlyle's investment activities in Korea.
Maliah, who joined Goldman Sachs in 2000, is global vice chairman of the firm's investment banking division and co-head of the technology, media and telecom group in Asia Pacific ex-Japan. Min is co-head of TMT in Asia Pacific ex-Japan and has recently been named co-chief operating officer of global TMT. He joined the firm in 2005. Bathija, who joined in 2007, will maintain coverage of regional consumer retail clients.
To contact the reporter on this story: Manuel Baigorri in Hong Kong at mbaigorri@bloomberg.net
To contact the editors responsible for this story: Fion Li at fli59@bloomberg.net, Ville Heiskanen
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