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Michael Levin will head up Morgan Stanley Investment Management's (MSIM) Asia business, including overseeing its Australian offices.

Recently, James P Gorman, the CEO of the multinational investment bank and financial services company Morgan Stanley, made a notable announcement regarding his plan to step down from his current position within the next 12 months. Gorman who joined Morgan Stanley in 2006 as the President and Chief Operating Officer of the Global Wealth Management Group, eventually assumed the role of CEO in 2010 and chairman in 2012. Following the announcement of James P Gorman's resignation, the competition for the

Morgan Stanley CEO James Gorman confirmed at the annual shareholder meeting he was stepping down from the role in the next 12 months • The bank’s share price…

James Gorman will exit as Morgan Stanley CEO within a year after more than a decade in charge. After having a front-row seat during the GFC, the dealmaker has transformed the financial giant.

The absence of women from the slate of potential Morgan Stanley (MS.N) CEO successors underscores the importance of cultivating and keeping diverse talent, corporate governance experts say. Morgan Stanley co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz, are the front-runners to succeed James Gorman, who…