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‘High calibre’ appointments made at MS

(12 June 2010 – Australia) Following Citi bank’s hiring of senior banker Tony Osmand from Goldman Sachs, Morgan Stanley has snapped up three bankers in a hiring spree.Morgan Stanley has announced that Rob Mete will be joining the investment bank as executive director in general industrials in Sydney. Mr Mete comes from Macquarie Bank where he spent the last ten years.

Also to join the team is Macquarie Bank’s David Paton for Morgan Stanley’s natural resources team and Credit Suisse’s Pamela Maine for the investment bank’s real estate unit.

The bank’s managing director Richard Wagner said, in an email to staff, that the additions to the bank were ‘awesome’.

Mr Wagner went on to say that he is genuinely excited by the recent expansion which is 100 percent in line with what Morgan Stanley set out to achieve some 12 months ago.

The calibre of the new joiners is extremely high and all have come from very successful competitors, Mr Wagner added.

The hiring’s take the investment bank’s analyst and banker expansion this year to 13, including ex-UBS and Credit Suisse banker Mark Burmeister as head of equity capital markets.

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