Goldman loses senior Asia macro sales executive Mats Dewitte

MATS Dewitte, who helps run macro gross sales at Goldman Sachs Group for many of Asia, has resigned after virtually twenty years with the US financial institution, based on folks conversant in the matter. 

Dewitte was accountable for driving the distribution of Goldman’s foreign money and interest-rate merchandise for Asia outdoors of Japan and Australia earlier than his departure, one of many folks mentioned, asking to not be recognized discussing a personal matter.

Together with Ash Ang, the opposite co-head of macro gross sales for Hong Kong and Singapore, they ran a crew of round 30 folks, mentioned the folks.

A Hong Kong-based spokeswoman declined to remark. Dewitte didn’t reply to requests for remark. 

Goldman has misplaced a number of Asia senior executives from the gross sales and buying and selling division prior to now 12 months, together with Jaewon Yu on the currencies buying and selling desk, Conor Yuan, who centered on rising markets credit score move buying and selling, and Tomiyuki Oji, former head of index move derivatives buying and selling.

Goldman has one of many greatest swimming pools of veteran expertise in Asia buying and selling, which has made it a first-rate poaching floor for rivals.

Dewitte relocated to Hong Kong in 2007 from London and spent greater than 12 years in macro gross sales in Hong Kong. He turned a managing director in 2018. BLOOMBERG

Source: www.businesstimes.com.sg”