HONG KONGâ€"Goldman Sachs on Tuesday said it would appoint Ken Hitchner, a 22-year veteran of the firm, as president for the Asia-Pacific region, excluding Japan.
Mr. Hitchner, currently the global head of Goldman’s investment banking services for the health care industry and a co-head of its technology, media and telecommunications group, will succeed David C. Ryan, another two-decade-plus veteran of the firm, who will retire this year, the bank said in an announcement.
Mr. Hitchner will be based in Hong Kong and work closely with Masa Mochida, the president of Goldman Sachs Japan. Both men will report to Mark Schwartz, Goldman’s chairman for Asia-Pacific, a former partner who rejoined the bank last year.
Before joining Goldman in 1991,Mr. Hitchner served as a lieutenant commander and a pilot in the U.S. Navy. He has also taught for the past five years as an adjunct professor at Columbia Business School, where he earned his M.B.A.
“Ken’s deep knowledge of key industry sectors that are growing at a fast pace in Asia Pacific, and his experience serving global clients in complex strategic environments, will provide valuable support to our client franchise,†Lloyd C. Blankfein, chairman and chief executive of Goldman, said in the statement.
