Goldman Sachs has named John Kim as its new head of mergers and acquisitions (M&A) for Asia ex-Japan and will relocate Christos Tomaras from London to join that team, amid surging deal volumes in the region.
Reuters reports that Kim takes over from Richard Campbell-Breeden, who will become vice-chairman of the investment banking division for Asia Pacific ex-Japan, and chairman of M&A for the region, according to a memo seen by Reuters on Thursday.
In that role Campbell-Breeden will focus more on advising the investment bank's most important clients in the region.
The appointments come as Asia Pacific M&A volumes have surged almost 88% to $298bn so far this year from a year ago, according to Thomson Reuters data. That makes it the best start to the year on record, surpassing 2008, the data show.
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