Morgan Stanley named Arun Kohli as the new India head: Sanjay Shah, a 26-year company veteran, announced his retirement, and Morgan Stanley appointed Arun Kohli to take his position as the country’s new leader. According to a document obtained by Bloomberg News, Kohli, who is now the chief operating officer for EMEA, will be in charge of the US bank’s operations there. With the bank since 2007, Kohli will relocate to Mumbai from London where he headed the firm’s post-Brexit strategy and implemented growth strategies across markets in the region.
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According to information on its website, the Wall Street bank has been doing business in India for 29 years and offers a range of services including investment banking, fixed income, commodities, and derivative products. Shah, who rose through the ranks after joining the company as an associate in 1996 in the institutional equities division in Mumbai, was named its country head in 2021.
The bank had picked Kamal Yadav and Sachin Wagle as co-heads of investment banking in the country, while Samarth Jagnani was picked as the new chief for global capital markets in India, at the same time in 2021. A spokesperson for Morgan Stanley confirmed the contents of the memo.
