Morgan Stanley Smith Barney announced Monday that Alexander Classen, head of wealth management units in Europe, Africa and the Middle East has left the firm after four years of service, a company’s spokesperson confirmed.
The company expects to announce a replacement later this year.
According to the company, Classen, who was based in London, was appointed to oversee all aspects of the sales management, business development and client relationship activities for high net worth clients in Europe, Africa and the Middle East.
He joined Morgan Stanley in March 2006 from Goldman Sachs where he served as the general manager of the company’s Swiss Bank operations in Zurich and Geneva. Before joining Goldman Sachs in 2000, he spent 10 years at Pictet as the head of its Asian operations in Singapore.
In the United States, Morgan Stanley Smith Barney has been expanding its wealth management and private banking footprint. Among other recent announcements, the wirehouse announced plans in June to hire 50 private bankers in Charlotte while the amount continued to grow in New York and Miami as well.2