Goldman promotes Arth and Drayton to Asia co-COOs

Aaron Arth and Iain Drayton to become co-chief operating officers of Goldman Sachs' investment banking division in Asia excluding Japan.

Goldman promotes Arth and Drayton to Asia co-COOs

Goldman Sachs said on Monday that Aaron Arth and Iain Drayton will become co-chief operating officers of its investment banking division in Asia excluding Japan, according to a memo seen by FinanceAsia.

Goldman’s senior management team has been through a major shakeup in Asia this year as a scandal surrounding the New York-headquartered firm’s involvement at the Malaysian state investment fund 1MDB has grown.

In their expanded roles, Arth...

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