Sunak Hires Former Morgan Stanley Executive as Business Adviser

  • Franck Petitgas used to run the bank’s international unit
  • UK premier seeking to boost growth ahead of 2024 election

Rishi Sunak

Photographer: Andy Rain/EPA/Bloomberg

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Rishi Sunak has hired a top former Morgan Stanley executive as his new business adviser, as the UK premier seeks to spur economic growth ahead of an expected election next autumn.

Franck Petitgas, who stepped down from the bank after a 30-year run in November, joined Sunak’s top team on Tuesday, according to a person familiar with the matter. The appointment was first reported by the Financial Times.