morgan-stanley-regional-head-skips-to-temasek

Morgan Stanley regional head skips to Temasek

Morgan Stanley veteran and head of Southeast Asia investment banking Rohit Sipahimalani makes a fourth-quarter departure to Singapore's Temasek.
In a high-level departure, Rohit Sipahimalani, a senior Morgan Stanley employee and most recently head of the US bankÆs Southeast Asia investment banking practice, has resigned to join SingaporeÆs investment firm Temasek.

SipahimalaniÆs decision to move to the buy-side is in itself not unusual. In the past few months alone Goldman Sachs has lost Henry Chen to European private equity firm Permira and Harsha Raghavan to UK-headquartered private equity firm Candover. And those two are just the latest additions to a long line of bankers who have moved to a financial sponsor. Indeed, for many bankers, a move to a private equity firm at a certain stage of their career is a natural progression....
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