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Morgan Stanley Private Wealth Names Market Director For Southern India

Vanessa Doctor

27 January 2011

Morgan Stanley has announced the appointment of Vinay Ahuja as market director for the Southern region of its private wealth management unit in India.

Ahuja joined the company in 21 January from Deutsche Bank, where he spent the last six years in the sales function. His new position has him based in Chennai, where he will focus on sales efforts in Bengaluru, Chennai, Heyderabad, Mysore and Coimbatore. He takes over from Sameer Gupta, who will be moving to Delhi to become market director for the North and East.

Morgan Stanley PWM has been taking an active expansion foothold in India what with the continuously rising high net worth numbers in the country. The company, a division of Morgan Stanley Smith Barney, provides a range of investment and private banking services to ultra high net worth individuals and families worldwide.