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...