Mr Comyn will assume his new position in the last week of February. He was most recently managing director of Commonwealth Securities (Commsec).

Steve Harker, CEO of Morgan Stanley Australia, said: “We are delighted that Mr Comyn is joining us to lead the continued development and growth of Morgan Stanley Smith Barney in Australia. His proven management and business-building skills, allied with his deep knowledge of the Australian retail wealth management and sharetrading sector, are strong value-adding attributes for Morgan Stanley Smith Barney.”

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Les Menkes, the Singapore based Morgan Stanley regional head of international wealth management, said: “We are excited to have Mr Comyn on board to lead our business in Australia which is a strategic growth market for us. His appointment is a strong demonstration to our customers and advisors of our commitment to this market and the investment in our franchise.”

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