Tim Leissner, the Goldman Sachs Group Inc. executive who helped build the investment bank’s Malaysia business, has relocated to Los Angeles and is on personal leave, people familiar with the matter said.
Leissner, who has been with Goldman Sachs for almost 18 years and was most recently Singapore-based chairman of its Southeast Asia operations, remains an employee, said the people. They asked not to be identified discussing a private matter. Goldman Sachs declined to comment.
An e-mail sent to Leissner’s Goldman Sachs address yielded an automatic reply saying: “I’m currently out of the office on personal leave with no access to emails.” It didn’t say when he will return to work. Calls to his mobile phone went to voice mail.
Leissner, a German national who is married to former U.S. fashion model and designer Kimora Lee Simmons, was instrumental in building Goldman Sachs’s business in Malaysia. The bank’s dealings with the country’s state-owned investment company, 1Malaysia Development Bhd., drew public scrutiny because of the high fees Goldman was paid.
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