Goldman Sachs’ John Mahoney is set to relocate to Hong Kong to lead the financial institutions group (FIG) for Asia Pacific excluding Japan, replacing Peter Enns in the role, according to an internal memo seen by FinanceAsia.
In addition, Craig Murray and Bernard Teo will become co-chief operating officers of FIG in the region. Murray and Teo will focus on the day-to-day management of the team as well as on transaction execution.
Mahoney transferred to mergers & acquisitions in 1990 and moved to FIG in 1995. He was named managing director in 1997 and a partner in 2000.
These moves follow Enns’ appointment to chairman and chief executive officer of Goldman Sachs Canada. Enns joined the firm in 1996 and was named managing director in 2002 and partner in 2006.
Mahoney is currently head of the banks sector in Goldman Sachs’ financial institutions team in the Americas. He joined the US bank in 1987 in the fixed income, currency and commodities division.
Murray is currently head of FIG in Australia and New Zealand. He joined the firm in 2000 and was named managing director in 2010.
Teo is currently head of FIG China. He joined the firm as an analyst in 1997 and rejoined as a managing director in 2010.
Dominique Jooris, who heads Goldman’s credit capital markets’ team in the region, will continue to work closely with the FIG leadership on financing and risk management for financial institution clients.