goldman-banker-joins-the-education-industry

Goldman banker joins the education industry

Former head of China equity capital markets, Jie Lian, has resigned to become CFO of unlisted Chinese education services company Ambow.

Jie Lian, the former head of China equity capital markets at Goldman Sachs, has left the firm to pursue a new challenge in the corporate world, joining a growing group of successful bankers who are using the current downturn to try their hand at something else.

In a reflection of last year's slowdown in the primary equity markets and the difficulty for smaller unknown Chinese firms to complete initial public offerings, Lian changed his role in October last year to focus more widely on investment banking, including the investment by foreign parties into unlisted entrepreneurial Chinese firms.

And it is one of these privately-owned Chinese start-ups that has now convinced Lian to come and work...

¬ Haymarket Media Limited. All rights reserved.

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