Business
Christian Johnston moves to GS chairman; Sims, Fletcher co-heads of IB – The Australian Financial Review
Goldman Sachs Australia’s head of investment banking Christian Johnston is set to move to a chairman’s role, paving the way for Nick Sims and Zac Fletcher to lead the advisory business.
It’s a significant shuffling on the decks at Goldman Sachs, which has one of Australia’s biggest investment banking teams with 130-odd bankers.
The firm is ranked No.1 in Austraila and NZ announced M&A this year, according to Dealogic data, and is No.3 on the equity capital markets league table.
It’s a big move for Johnston, who has run Goldman Sachs’ local investment banking team since 2007, and whose client list includes BHP, Oil Search, Wesfarmers and AMP Ltd, among others.
“In this po…
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