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Morgan Stanley Hires Citigroup Wealth/Alternative Manager

Stephen Harris

8 June 2006

Morgan Stanley has hired Jacques Chappuis to head its alternative investments in its global wealth management group. Mr Chappuis joins from Citigroup, where he held a similar position. He will report to Doug Ketterer, head of Morgan Stanley’s wealth management managed money products team. Before joining Citigroup, Mr Chappuis was a strategy consultant with Boston Consulting Group and was an investment banker at the former Bankers Trust New York.