Barclays and Goldman professionals move on

Exit Sign

Matthew Ginsburg, BarclaysAsia-Pacific head of investment banking, is stepping down from his role and considering senior posts within the U.K. bank outside the region, a memo obtained by Bloomberg News shows.

Bloomberg reports that the firm named Andrew Jones, its Asia-Pacific co-chief executive officer, as interim investment-banking head until a successor is appointed, according to the memo. 

The search for Ginsburg’s replacement comes after the departure of his former bosses including Robert Morrice, Asia-Pacific chairman and CEO, and Hugh 'Skip' McGee, global head of investment banking whom Ginsburg previously reported to. At least four managing directors of the unit in Asia left their roles since mid-April.

Bloomberg also reports that Katsunori Sago, deputy president of Goldman Sachs’s Japanese unit, will leave the firm where he began his career 22 years ago.

Sago, 46, will resign from his post in June and serve as an advisory director and vice chairman until he departs. The company has no plan to fill the deputy president position.

Among his roles, Sago served as co-chairman of the bank’s diversity committee in Asia. 

Barclays's Ginsburg Steps Down as Asia Investment Bank Head

Goldman Sachs Japan Deputy President Sago to Leave

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