Morgan Stanley’s Asia IBD vice chair leaves

Chong Leong is joining China’s S.F. Express, the latest in a string of bankers opting out of high finance to pursue opportunities in the corporate world.

Chong Leong, a vice chairman of Morgan Stanley’s Asia Pacific investment banking division, has left the firm to join China’s S.F. Express, FinanceAsia learned on Tuesday form a person familiar with the matter.

Morgan Stanley Asia Pacific's shuffling of vice chairmen began last year with Sam Kim, who was promoted to the position last year. Ding Wei meanwhile recently joined the US investment bank in the role of vice chair from Singapore’s Temasek.

Leong is the latest investment banker to leave the industry to pursue opportunities at growing Chinese corporates, some of which are  expressing recruiting from the banking industry to help manage...

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