Morgan Stanley has promoted Richard Wong and James Tam to co-heads of MA for Asia-Pacific, according to an internal bank memo.
Sam Kim, who was previously the head of MA for Asia-Pacific, has taken on the role as vice-chairman of investment banking for Asia-Pacific. A Morgan Stanley spokesperson confirmed the content of the memo.
Kim has been with Morgan Stanley for more than 15 years, both in Asia and the US. He was previously chief operating officer for investment banking in Asia-Pacific and worked on a number of landmark transactions before becoming head of Asia-Pacific MA in 2010.