Maughan boosts KKR's Asia plans

Former Citigroup vice chairman appointed chairman of private equity firm''s Asia operations.

Kohlberg Kravis Roberts KKR has announced a further move in the Asia region, appointing Sir Deryck Maughan as managing director and chairman of Asia. The news comes after the September announcement that the US-based private equity firm was expanding into Asia, with Joseph Bae leading the charge as managing director.

Maughan's arrival comes as a serious boon for the world's largest buyout firm, bringing both prestige and extensive international finance experience to the Asia role....

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