Morgan Stanley confirmed on Tuesday January 31 that it has hired Citigroup's Wei Christianson as new managing director and China CEO to replace Jonathan Zhu, who left the bank for a private equity house in the first week of January.
Christianson's return to Morgan Stanley, where she worked between 1998 and 2002 as executive director and Beijing chief Representative, had been widely rumoured and was first reported by FinanceAsia on January 9. Christianson is an old friend of the bank's new global chairman and CEO, John Mack, who took the helm in late spring last year following a top-level shake-out.
Christianson and Mack worked together...