Moves: Hidehiro Imatsu named president of Goldman Sachs Japan

Mochida Pharmaceutical

25/04/2024 10:27

TOKYO, April 25 (Reuters) - Goldman Sachs  GS.N  has
appointed Hidehiro Imatsu as president of its Japan unit, it
said in a release on Thursday.
    Imatsu, who is based in Hong Kong, will relocate to Tokyo
and, as well as serving as president, will retain his current
roles as co-head of global interest rates product trading and
co-head of the Asia Pacific fixed income, currency and
commodities.
    Imatsu takes the place of Masanori Mochida, who announced he
would retire last year after more than 38 years at the
investment bank.
    Mochida is credited with leading Goldman Sachs' expansion in
Japan, where it has had a presence for 50 years.
    Global investors have become increasingly enthused by
Japanese companies as long-awaited corporate governance changes
and rising profits have helped drive the Nikkei  .N225  share
average to record highs this year.
    "As international investors focus their attention on the
Japanese market and the country's biggest companies look to
expand their global reach, Goldman Sachs will continue to
provide the highest level of service to clients under its new
leadership in Japan," the company said.

 (Reporting by Anton Bridge; editing by Miral Fahmy)
 ((Anton.Bridge@thomsonreuters.com;))