Morgan Stanley Former Head of Asia-Pacific ECM Haik Is Departing

Justin Haik, who ran Morgan Stanley (MS)’s equity capital markets business in the Asia-Pacific region until May, is leaving the Wall Street firm.

Haik, a managing director who’s been with Morgan Stanley for 15 years, became co-head of Asia Pacific equity capital markets in October 2011. Fellow co-head Ronnie Potel quit in August last year, leaving Haik in sole charge.

Albert Chang, a managing director in Morgan Stanley’s investment-banking unit, is also leaving the bank. Nick Footitt, a spokesman for Morgan Stanley, confirmed the departures of Hong Kong-based Haik and Chang. The two bankers didn’t respond to calls seeking comment.

In May, Haik was appointed to a role overseeing relationships with key clients, while Jerome Leleu and Mille Cheng took over as co-heads of ECM in the region.

Morgan Stanley was the top-ranked underwriter of share sales in the Asia-Pacific region last year and in 2011, according to data compiled by Bloomberg. This year, the firm is No. 3 after Goldman Sachs Group Inc. and UBS AG, the data show.

To contact the reporter on this story: Fox Hu in Hong Kong at

To contact the editor responsible for this story: Philip Lagerkranser at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.