Richard Campbell-Breeden, one of Goldman Sachs Group Inc.’s most senior mergers and acquisitions bankers in Asia, has relocated to London after almost eight years in Hong Kong.
Campbell-Breeden, chairman of the M&A group in Asia Pacific excluding Japan, will focus on senior client coverage in Europe, the Middle East and Africa, according to Sebastian Howell, a spokesman for the bank in London. The banker, who has been with Goldman Sachs for more than 26 years, helped lead M&A in the region since 2008 and was also vice chairman of investment banking.
His move adds to the list of top Asia dealmakers at Goldman Sachs decamping for London. Matthew Westerman, who had been head of investment banking for the Asia Pacific region excluding Japan, and Jonathan Penkin, the firm’s former co-head of the financing group for the region, have both departed Hong Kong for the U.K. capital within the past 12 months. Westerman later left Goldman Sachs to join HSBC Holdings Plc to help run its investment-banking business.
Campbell-Breeden’s relocation leaves Goldman Sachs without a vice chairman of investment banking in Asia. Tim Leissner, who also held that role, quit the firm after he was placed on leave in January over “inaccurate and unauthorized statements” in a reference letter.
Campbell-Breeden has advised on some of the region’s biggest acquisitions, including Singapore lender Oversea-Chinese Banking Corp.’s $5 billion purchase of Hong Kong’s Wing Hang Bank Ltd.
Before moving to Hong Kong, Campbell-Breeden was co-head of the European financial sponsors group, which advises private equity firms, and co-head of U.K. investment banking. He joined Goldman Sachs in 1989 in the mergers and acquisitions department in New York, was named managing director in 1998 and became partner in 2000.