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Goldman Sachs hires McKinsey partner as co-head of Asia region

Published 09/08/2021, 08:36 PM
Updated 09/08/2021, 08:40 PM
© Reuters. FILE PHOTO: The Goldman Sachs company logo is seen in the company's space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid/File Photo
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NEW YORK (Reuters) - Goldman Sachs Group Inc (NYSE:GS) hired a partner from McKinsey & Company to co-lead its operations in the Asia Pacific region outside of Japan, according to a memo sent to staff on Wednesday that was seen by Reuters.

Kevin Sneader will join Goldman in Hong Kong in November as a partner and become a member of the Wall Street bank's top management committee, according to the memo.

© Reuters. FILE PHOTO: The Goldman Sachs company logo is seen in the company's space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid/File Photo

Sneader joined McKinsey in 1989 and rose through the ranks to serve as head of the firm's Asian offices from 2014-2018. Most recently, he served as the consultancy's global managing partner.

He will work with Todd Leland as co-president of the region. Leland also leads the investment banking division in the Asia Pacific area, outside of Japan.

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