Citi Hires Ex-Morgan Stanley Asia CEO

HONG KONG (Reuters) – Citigroup (C.N) said on Monday it appointed Alasdair Morrison as an Asia senior adviser, a new role for the bank meant to support its expansion across the region.

Morrison held CEO and chairman roles at Morgan Stanley (MS.N) Asia from 2000 to April 2007. Prior to Morgan Stanley, he worked in Asia for 28 years for the Jardine Matheson Group, where he was the group managing director from 1994 to 2000.

Citi’s global banking group is responsible for the coverage of Citi’s largest institutional clients. (Reporting by Michael Flaherty; Editing by Jacqueline Wong)