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"[People] don’t expect retirement to begin with social security and sit on the back deck in a lounge chair for the rest of their lives. This group really wants to remain active."

Jeff Cimini, head of personal retirement at Merrill Lynch

Goldman Sachs Appoints VC, Chairman Of Asia-Pac

Eliane Chavagnon
Reporter

12 June 2012
Daily News Analysis

Mark Schwartz is returning to Goldman Sachs as a vice chairman and chairman of Goldman Sachs Asia-Pacific, based in Beijing.

Schwartz will represent “the importance of China” and the Asia-Pacific region to the firm’s overall business. The Asia-Pacific region “continues to represent many of the most dynamic and important economies in the world,” said Schwartz.

New York-based J Michael Evans, chairman of Asia-Pacific since 2004, will continue in his role as a vice chairman of the firm and global head of growth markets.

Schwartz will work alongside Masa Mochida, president of Goldman Sachs Japan, and David Ryan, president of Goldman Sachs Asia-Pacific Ex-Japan. He will rejoin the firm’s management committee, on which he served from 1999 - when the firm went public - until his departure in 2001.

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