Morgan Stanley move

Morgan Stanley's Arthur Lang to join CapitaLand

The Singapore real estate group hires Morgan Stanley's co-head of investment banking for Southeast Asia as its new CFO, while making Olivier Lim head of strategic corporate development.
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Photo: AFP</div>
<div style="text-align:right; font-size:7pt; color:rgb(119, 119, 119);"> Photo: AFP</div>
Arthur Lang

Arthur Lang, co-head of investment banking for Southeast Asia at Morgan Stanley, is leaving the bank after 15 years to become group chief financial officer at Singapore property company CapitaLand. The appointment takes effect in mid-September and was announced by CapitaLand in a filing to the Singapore stock exchange yesterday.

A Morgan Stanley spokesman confirmed that Lang will be leaving, but had no comment beyond that. However, he did say that Lang’s fellow co-head for Southeast Asia, Eric Ma, will retain his current title for now, which suggests the bank is looking to appoint someone to take...

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