Mark Machin to leave Goldman Sachs

Ryan will take over from Ravi Sinha, who is set to retire in June after just two years in the region.

Citi has hired Cristina Mascanzoni for a new role in its capital markets and advisory team as director and technology coverage lead for Australia and New Zealand.

Goldman’s co-head of investment banking in Asia-Pacific ex-Japan is heading back to the US to take up a global role, according to people familiar with the matter.

Mark Machin, former regional vice-chairman at Goldman Sachs, has joined Canada Pension Plan Investment Board as president of Asia-Pacific. There are sure to be other high-profile bankers leaving the industry this year.

Goldman’s president of Asia ex-Japan is retiring from the bank at the age of 43 to return to the US.

The move demonstrates the investment bank's decision to increase its commitment to Southeast Asia.