Morgan Stanley Private Wealth Management has named Gabriel Aractingi as managing director and  head of sales for the Middle East.

Aractingi joins the firm from Lombard Odier, where he was executive vice president and head of the Middle East. Based in Dubai, he will lead Morgan Stanley's private banking business in the region and will manage a team of investment advisors across Dubai, Geneva, London and Riyadh. He reports directly to Ausaf Abbas, the head  of sales and marketing, PWM EMEA and to Habib Achkar, the regional manager for the MENA region.

"This appointment further demonstrates Morgan Stanley's commitment to the MENA region. Gabriel's regional knowledge and expertise will not only help our PWM business to grow, but will be valuable in broadening and deepening relationships and developing business opportunities for other divisions of the firm, as well," said Achkar in a statement.

Morgan Stanley Private Wealth Management provides a range of investment and private banking services to ultra-high net worth individuals, families and related institutions in the United States, Latin America, Europe, the Middle East and Asia.