People Moves

Goldman Asia Wealth Co-Head Poised To Join Commodities Trader

Tara Loader Wilkinson Asia Editor 16 November 2011

Goldman Asia Wealth Co-Head Poised To Join Commodities Trader

Goldman
Sachs’ former Asia co-head Yusuf Alireza whose departure was announced last
week, has resurfaced at troubled commodities trader Noble Group, according to media
reports.

Yusuf Alireza
is in talks with Hong Kong-based Noble whose chief executive Ricardo Leiman resigned
last week, hours after the company reported its first loss in more than a
decade, according to a report in the Wall Street Journal.

Alireza
leaves Goldman after 19 years at the firm. He spent just 10 months working as
co-president of Asian-Pacific ex-Japan, according to an internal memo circulated last
Friday.

In
2008, Alireza moved to Hong Kong to head Goldman's securities division in Asia.
Alireza joined Goldman in 1992 and was named managing director in 2000 and
partner in 2004.

David Ryan remains as sole president of Goldman Sachs in the region. He
and Alireza became co-presidents in January, when the roles were created. Ryan
is also the head of Goldman's investment-banking division in the region.

Noble did not immediately return calls for comment. 

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