Goldman Sachs Southeast Asia Chairman Entwistle to Retire

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L. Brooks Entwistle, Goldman Sachs Group Inc.’s chairman for Southeast Asia, is retiring after two decades at the New York-based bank, according to an internal memo obtained by Bloomberg News.

Entwistle, 45, will retire at the end of the year and become an advisory director, according to the memo. He set up Goldman Sachs’s wholly-owned India business in 2006 and remained country head until early 2011 when he moved to Singapore for the current role. Entwistle joined the bank in 1989 as an analyst and was named partner in 2008, the document shows.