Goldman Rejigs Asia Financing Leadership; Korea Head to Leave

Goldman Sachs Group Inc is reshuffling the top ranks of its Asia Pacific ex-Japan financing group and rejigging its leadership in Korea, as part of broader changes within the bank globally.

Korea country head David Chung will leave the firm, according to an internal memo, which was confirmed by a bank spokesman. Chung, who is also head of Korea investment banking, was at Goldman for more than 25 years. He joined the firm in 1999 as an analyst in corporate finance in Seoul, and became a managing director in 2008.

Jae Joon Choi, who is currently head of Korea ...