Morgan Stanley hires Investment Management president

Morgan Stanley has announced the appointment of Gregory J. Fleming as the new president of Morgan Stanley Investment Management, starting in February next year.
Earlier in his career he worked for investment bank Merrill Lynch as chief operating officer and president, and is presently a senior research scholar and lecturer in law at Yale Law School.
Fleming will also gain responsibility for Global Research and a seat on the Operating Committee.
He will report directly to James P. Gorman, the incoming chief executive officer and president of Morgan Stanley, effective from January 2010.
Gorman has expressed his delight at Fleming’s addition to Morgan Stanley’s leadership and stated his own respect for Fleming’s skills and ability to attract and retain world-class talent.