This Ex-Goldman Banker Quit to Take Over an Empire in Myanmar

  • Melvyn Pun left Goldman after 12 years to run Yoma Strategic
  • Pun’s ex-boss convinced him to join the family business
Melvyn PunPhotographer: Nicky Loh/Bloomberg
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When Melvyn Pun agreed to take his former boss to Myanmar in 2012, little did he know that the trip would cause him to quit his high-profile job at Goldman Sachs Group Inc.

Melvyn had wanted to stay as head of corporate sales for Asia excluding Japan at Goldman, rather than join his father Serge’s empire -- a sprawling conglomerate that runs businesses from real estate to the KFC chicken franchise in Southeast Asia’s poorest nation. But after three days of looking at the investment opportunities in Myanmar, the excitement of his ex-boss convinced him that he’d be mad not to go into the family business.