MOVES- Goldman Sachs Asset Management, HSBC, AXA ART, VTB Group

Reuters

Nov 6 (Reuters) - The following financial services industryappointments were announced on Wednesday. To inform us of otherjob changes, email to moves@thomsonreuters.com.

GOLDMAN SACHS GROUP INC

Goldman Sachs Asset Management's chairman in Asia Pacific,Oliver Bolitho, will retire at the end of 2013 after 15 years atthe firm, according to an internal memo obtained by Reuters.Goldman Sachs will not replace Bolitho's role.

HSBC HOLDINGS PLC

The British bank's unit, HSBC Commercial Banking, hasappointed Joel Van Dusen as its first global head of largecorporates, based in London. Van Dusen joins from Bank ofAmerica Merrill Lynch, where he was the global head of corporatebanking.

VTB GROUP

VTB Capital, the investment business of VTB Group, hasappointed Parag Ranade as head of loan sales in Asia, based inSingapore. Ranade joins VTB Capital from UBS.

ALVAREZ & MARSAL

The New York-based business consulting firm said Jay Kimjoined as a managing director to lead its business in Korea.Kim, who has more than 20 years' experience in private equityand consulting firms, has earlier worked with PineBridge PrivateEquity, Bain & Co and the Boston Consulting Group, among others.

AXA ART

The art insurer under French insurance group AXA appointed Jean Gazancon as its chief operations officer and amember of the executive management board of AXA ART VersicherungAG. His responsibilities include overseeing AXA ART's businessesin the UK, Asia, France, Benelux and the Middle East. Gazanconhas earlier held management positions across the AXA Group inLondon, Japan, Hong Kong and other locations.

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