Goldman Sachs JB Were Asset Management has a new head for its retail business after it promoted Matthew Stovold yesterday.
Stovold, who has worked with Goldman Sachs JB Were for the past five years, was previously the head of adviser distribution at the group.
In 2004, Stovold was named Business Development Manager of the Year by Money Management and Tribeca.
Goldman Sachs JB Were Asset Management managing director Ian Ward said, with Stovold at the helm, the retail business would focus on growing assets under management.
Stovold joined the group in 2000 after a year at National Australia Funds Management. Prior to this he worked at Sealcorp.
