Davies to join Morgan Stanley board

Link: Profile: Sir Howard Davies

Currently the director of the London School of Economics and Political Science, Sir Howard appears to have been nominated on the strength of his work at the City watchdog.

In a statement from its New York headquarters, Morgan Stanley chairman Philip Purcell said: ‘During Sir Howard’s tenure at the FSA, the regulator came to define global best practices in financial services oversight.

‘His “public policy DNA” will add an important new dimension to Morgan Stanley governance.’

The final decision will be taken at the annual stockholders meeting in April.

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