Goldman’s Kavvathas Retires as Asia Distribution Co-Head

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Dimitrios Kavvathas, a Goldman Sachs Group Inc. partner, co-head of Asia Pacific excluding Japan securities distribution, and head of structuring in the region, will retire, according to an internal memo seen by Bloomberg.

Separately, James Houghton, also a partner, will become head of Asia Pacific ex-Japan fixed income, commodities and currencies distribution, according to a separate memo seen by Bloomberg. The contents of both documents were confirmed by Connie Ling, a spokeswoman at Goldman Sachs in Hong Kong.