Elaine Holt steps down as Sotheby's Chairman of Modern and Contemporary Art, Asia after just one year

Elaine Holt has stepped down as Chairman of Modern and Contemporary Art, Asia at Sotheby's after just one year in the role. Jasmine Prasetio, Managing Director of Sotheby's Southeast Asia, will temporarily assume leadership of the Modern and Contemporary Art department in Asia, relocating from Singapore to Hong Kong. Alex Branczik, Chairman and Head of Modern and Contemporary Art, Europe, will continue to oversee the Asia team remotely from London. Holt, a well-known figure in Asian modern and contemporary art, previously spent a decade at Christie's and held roles at Opera Gallery and Ravenel before joining Sotheby's in July 2024.