Business: Citadel expands global reach with senior hire in Asia

Citadel expands global reach with senior hire in Asia David Noh to join as Senior Managing Director and Head of Asian Merchant Banking

Chicago (BUSINESS WIRE) - Capitalizing on opportunities to expand its global presence, Citadel Investment Group, L.L.C. today announced that David Noh will join the firm as Senior Managing Director and Head of Asian Merchant Banking.
Mr Noh will join Citadel from Merrill Lynch in Asia, where he was Head of Corporate Principal Investments for the Pacific Rim.

"We see tremendous opportunities to expand our business in Asia," said Kenneth Griffin, CEO and Founder of Citadel Investment Group. "David Noh is a world-class investor, and adding his significant experience to our firm is of great strategic importance."

Mr Noh added, "Citadel has a tremendous global franchise, and I am excited to have the opportunity to meaningfully extend the reach of the firm across Asia."

Mr Noh will be based in Hong Kong. He will report to Tim Throsby, CEO of Citadel Asia.

Mr Noh was with Merrill Lynch since 2000. He led corporate investment opportunities for the firm in the Pacific Rim and co-founded Merrill Lynch's Distressed Debt Group in Hong Kong.
He also served with Goldman Sachs and Morgan Stanley in Hong Kong and Korea, respectively. He started his career with Ernst & Young as a CPA.

Mr Noh graduated from the University of Washington.

Mr Noh is the most recent in a series of senior-level appointments at Citadel. Last month the firm announced that Patrik Edsparr will join as CEO for Citadel Europe and Head of Global Fixed Income. He joins from JPMorgan Chase.
Additionally, Kaveh Alamouti will join Citadel from Moore Capital, and will be Head of Global Macro Investments.

About Citadel Investment Group, L.L.C.

Citadel is a leading global financial institution focused on alternative investment strategies and services. The Citadel group of companies employs 1,200 professionals worldwide in Chicago, New York City, San Francisco, Bermuda, London, Hong Kong and Tokyo.

Citadel Investment Group, L.L.C.Katie Spring, 312-395-2596 katie.spring@citadelgroup.com