Posted inPeople Moves

Capital Group taps Goldman Sachs for new Apac managing director

The US asset manager has appointed Pooja Grover Madduri as managing director, enterprise relationship management in Asia Pacific.

Capital Group has appointed Pooja Grover Madduri to a newly created role as managing director, enterprise relationship management in Asia Pacific, effective Monday. Based in Hong Kong, she will report to Tim Murphy, global head of enterprise relationship management, and Tetsuya Koizumi, head of client group, Asia Pacific.

Madduri (pictured) will drive Capital Group’s work to advance partnerships with global financial institutions and strategic regional firms, according to a statement by the asset manager.

She will lead engagement with senior executives across Asia Pacific with the firm’s key clients. Additionally, her responsibilities will include scaling Capital Group’s strategic initiatives with global and regional clients.

Madduri joins from Goldman Sachs where she was most recently chief of staff for the executive office in Asia Pacific ex-Japan. Over her 23-year career at the firm, she held multiple leadership roles including Asia Pacific head of strategic clients coverage, focused on strengthening relationships with institutional clients.

Prior to that, she was in the investment banking division where she was a member of the Asia Pacific regional leadership team and advised corporate clients on strategic and financing transactions. During her career at Goldman Sachs, Madduri was based in Hong Kong, San Francisco and New York.

Murphy said: “We hear from global financial institutions that they want to partner with fewer asset managers and build deeper relationships. Pooja’s extensive experience in the financial industry and in client-facing roles will be instrumental in deepening our client relationships as a trusted partner.”

Madduri added:As one of the leading global asset managers, Capital Group is renowned for its deep research, investment capabilities and long-term focus.”

Capital Group had more than $2.8trn of assets under management as at 31 December 2024.

Part of the Mark Allen Group.