Morgan Stanley Hires Shen as Head of China Onshore Equities
- Former head of equities at CICC joins Morgan Stanley next week
- Morgan Stanley seeks five new licenses to expand in China
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Morgan Stanley hired Shirley Shen from China International Capital Corp. as head of onshore equities for China as the New York-based bank awaits approvals for new licenses.
Shen has been with CICC, a former joint venture partner of Morgan Stanley, since 2002 and was most recently head of the equity department and a member of its enlarged management committee. Her appointment is effective Aug. 1, according to a memo confirmed by a Hong Kong-based spokesman.