Jan 6 (Reuters) - The head of Morgan Stanley’s international wealth management team, James Jesse, has left the firm, a spokeswoman said on Friday.
Colbert Narcisse, who led product strategy and development in Morgan Stanley’s investment solutions division, will replace Jesse, according to a firm memo and Morgan Stanley spokeswoman Christine Jockle.
Narcisse joined Morgan Stanley’s investment management division in 2011 as the head of alternative investments. He previously worked in senior roles at Merrill Lynch, across investment banking and wealth management.
In his new position, Narcisse will report directly to Morgan Stanley wealth heads Shelley O‘Connor and Andy Saperstein.
Jesse joined Morgan Stanley in 2000 in the bank’s fixed income unit. He joined wealth management in 2006.
Reporting by Olivia Oran in New York; Editing by Dan Grebler