A 12-year veteran of Morgan Stanley with over two decades of experience in the industry, Mr Aeken has held a succession of leadership positions in wealth management, institutional securities, risk management, infrastructure, and strategy, serving most recently as chief operating officer in Asia for private wealth management. He will relocate from Hong Kong to London in his new position.

Michael Armstrong, head of capital markets and international wealth management for Morgan Stanley Smith Barney, said: “International wealth management represents an important growth opportunity where we are committing significant resources. MrAeken has broad operational experience across our wealth management and institutional businesses, and is the ideal person to lead the expansion of products and services to meet the unique needs of our international clients.”

A division of Morgan Stanley Smith Barney, Morgan Stanley private wealth management serves clients internationally in Europe, the middle east, Africa, Asia and Latin America, through offices around the world and in the US.

Morgan Stanley Smith Barney deals in wealth management and provides a range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust services.