BofA hires Goldman's Srijith Nair to lead Asia ex-China financial institutions banking, memo says

By Reuters News

By Yantoultra Ngui

HONG KONG, Sept 17 (Reuters) - Bank of America BAC.N has hired Goldman Sachs GS.N banker Srijith Nair as head of Asia excluding China financial institutions group investment banking and Asia-Pacific insurance investment banking, according to an internal memo seen by Reuters on Thursday.

  • Nair will be based in Singapore and report to Michael Evans, Bank of America's head of Asia-Pacific financial institutions group investment banking, the memo said.

  • He joins from Goldman Sachs, where he was most recently the head of financial institutions group for Southeast Asia.

  • Nair has nearly 20 years of investment banking experience advising banks, insurers, asset managers and leasing companies across Asia, the memo said.

  • He previously held senior investment banking roles at Barclays, Daiwa and Citigroup C.N.

  • The financial institutions group, or FIG, covers companies such as banks, insurers and asset managers.

  • "This appointment will further strengthen our Top 3 FIG franchise in Asia Pacific, while enhancing connectivity and collaboration across our global platform," Evans said in the memo.

  • BofA declined to comment.

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