Oliver Bolitho, chairman of Goldman Sachs Group Inc.’s fund management division in Asia, is leaving after 15 years at the company, according to an internal memo.Bolitho will become an advisory director after his retirement at the end of the year, according to the Nov. 4 memo obtained by Bloomberg. Christopher Jun, a spokesman for Goldman Sachs in Seoul, confirmed the contents of the memo.
Bolitho, a U.K. citizen, served as head of Goldman Sachs’s U.K. and Irish institutional business from 2001 until moving to Hong Kong in 2007 to run the fund business in Asia outside of Japan. A partner since 2008, Bolitho became chairman of Goldman Sachs Asset Management last year. Read more.
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