Morgan Stanley has appointed Gokul Laroia as its new co-CEO for Asia-Pacific region, succeeding William Strong who will retire in May.
According to Reuters, Laroia will retain his current position as head of the institutional equity and wealth management business in Asia.
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He will partner with Wei Sun Christianson as co-CEO Asia Pacific.
Laroia joined Morgan Stanley in 1995 and worked in India, Singapore and Hong Kong.
The appointment resulted in naming Kate Richdale as the sole head of investment banking for the region, reported Reuters.
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