Morgan Stanley has named Charlie Mak as the new president of its international wealth management business, according to an internal firm memo sent on Wednesday.
Mak most recently served as head of Morgan Stanley Smith Barney in Asia and “brings a seasoned knowledge of the needs of international clients and the dynamics of this business to his leadership role,” Greg Fleming, president of Morgan Stanley’s global wealth management and asset management businesses, said in the memo.
Fleming also announced two other new appointments in the memo as part of a “continued commitment to our global franchise and growth strategy.”
James Jesse has been named chief operating officer of Morgan Stanley International Wealth Management. Jesse currently serves as the chief operating officer of the firm’s capital markets department. With his new role, he will relocate to Hong Kong from New York and continue to lead Morgan Stanley Smith Barney’s new efforts related to its global family office.
Chris Van Aeken will now head Morgan Stanley Smith Barney’s work with international banking, lending and products. He will also continue to serve as the chairman of the firm’s Swiss private bank, Bank Morgan Stanley AG. Van Aeken has relocated to London from Hong Kong.