Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Morgan Stanley Hires IMF’s Moghadam for Underwriting

July 30 (Bloomberg) -- Morgan Stanley hired Reza Moghadam, the European department director of the International Monetary Fund, as a vice chairman in its underwriting unit to advise sovereign clients.

Moghadam will join the firm in the fourth quarter and report to capital markets co-heads Raj Dhanda and Dan Simkowitz, New York-based Morgan Stanley said today in a statement. He will advise governments about financing opportunities and risk-management strategy, the bank said.

Sovereign-bond issuance surged to a record this year, according to data compiled by Bloomberg. Morgan Stanley was an underwriter on the U.K.’s sale of 5 billion pounds ($8.4 billion) of inflation-linked bonds this week.

Moghadam has worked at the IMF for more than 20 years, working on issues surrounding the Greek debt crisis and turmoil in Ukraine. Earlier this year, he said Europe has “much work to do” to lay a foundation for stability and growth and called for deeper and broader capital markets in the region.

“Reza has unmatched experience in navigating the landscape of European and global economic policy,” Colm Kelleher, who leads the firm’s investment-banking and trading division, said in the statement. “In his 20 years at the IMF, Reza has played a role in the Fund’s response to almost every major crisis.”

To contact the reporter on this story: Michael J. Moore in New York at

To contact the editors responsible for this story: Peter Eichenbaum at Steve Dickson, Steven Crabill

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.