Tuesday , December 11 2018

Prudential hires Goldman ex-banker

Bloomberg

Prudential Plc’s Asian asset management arm has hired former Goldman Sachs Group Inc. dealmaker Edmund Lim, who previously led the bank’s Southeast Asia financial institutions group.
Lim, who was a managing director at Goldman, will join Prudential’s Eastspring Investments unit in mid-November as head of corporate development, the fund manager said to Bloomberg queries. The banker is leaving Goldman after seven years to pursue other opportunities, people familiar with the matter said.
Prudential has singled out Asia as the key region for growth, with a focus on expanding in asset management. Eastspring agreed in July to buy control of TMB Asset Management Co., Thailand’s fifth-biggest fund house with the equivalent of $13.1 billion under management.

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