Ruchir Sharma resigns from Morgan Stanley Investment Management after 25 years

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Veteran investment banker Ruchir Sharma has stepped down as head of emerging markets and chief global strategist at Morgan Stanley Investment Management. Sharma, who is based in New York, joined the bank in 1996 and has 27 years of investment experience. Sharma was also the chief global strategist of Morgan Stanley Investment Management.

In addition to being associated with the investment management arm of Morgan Stanley, Sharma is also a noted author. He is an opinion writer for The New York Times and some of his work has also appeared in the Wall Street Journal, Financial Times, Newsweek, TIME Magazine, and Foreign Affairs. He also wrote Breakout Nations, a 2012 international bestseller, and The Rise and Fall of Nations in 2016. Sharma’s latest book is The 10 Rules of Successful Nations.

The investment management giant has appointed Amy Oldenburg to lead emerging market equities after Ruchir Sharma resigned from her post. Oldenburg worked for approximately 20 years with Morgan Stanley’s asset management business. She’s been chief operating officer and oversees her emerging markets platform since 2013, according to Reuters. Eric Carlson will assume responsibility for sustainability and support the team’s growth in sustainable investing solutions.

(With Reuters entries)

Read also: International oil rise and coal prices pose macroeconomic risks for India: Morgan Stanley

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