Deals
Morgan Stanley Names New Investment Bank Heads For Mideast
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Morgan Stanley has appointed Pradyut Pratap and Usman Akram as joint heads of its investment bank in the Middle East and North Africa, a region increasingly coveted by global finance firms.
The co-heads will report to Massimiliano Ruggieri, Morgan Stanley’s head of investment banking in Europe, the Middle East, and Africa, according to a recent memo seen by Bloomberg. They will replace Patrick Delivanis who took over as co-chief of the bank’s broader regional franchise in 2023.