Pradyut Pratap and Usman Akram Steer Morgan Stanley's MENA Investment Banking

People | Feb 05, 2025 | Zawya

Pradyut Pratap and Usman Akram Steer Morgan Stanley's MENA Investment Banking

Morgan Stanley has announced the appointment of Pradyut Pratap and Usman Akram as the new Co-Heads for its MENA Investment Banking operations. Both have been with the firm for 17 years, previously serving as managing directors. Pratap has worked in the MENA region since joining Morgan Stanley in 2007, while Akram transitioned to the Dubai office in 2018, after starting in London, to lead M&A in MENA. Their appointment underscores Morgan Stanley's focus on expanding its presence in the Middle East, as evidenced by the recent opening of its Abu Dhabi office and establishment of regional headquarters in Saudi Arabia. According to existing MENA co-heads, policy shifts and regulatory reforms in the region are expected to significantly impact transaction volumes and value by 2025.

Sectors

  • Investment Banking
  • Financial Services

Geography

  • Middle East and North Africa – The article focuses on Morgan Stanley's investment banking activities within the MENA region.
  • United Arab Emirates – One of the new co-heads will lead operations from the Dubai office within the UAE.
  • Saudi Arabia – Morgan Stanley has set up its regional headquarters here, signaling its growing presence in the region.

Industry

  • Investment Banking – The article discusses the appointment of new leadership within Morgan Stanley's MENA Investment Banking division.
  • Financial Services – The article covers entities involved in financial transactions and services through a prominent investment bank.

Financials

    Participants

    NameRoleTypeDescription
    Morgan StanleyInvestment Banking FirmCompanyA leading global financial services firm providing investment banking services.
    Pradyut PratapCo-Head of MENA Investment BankingPersonRecently appointed Co-Head at Morgan Stanley's MENA Investment Banking division.
    Usman AkramCo-Head of MENA Investment BankingPersonRecently appointed Co-Head at Morgan Stanley's MENA Investment Banking division.
    Massimiliano RuggieriHead of Investment Banking EMEAPersonOversees Morgan Stanley's Investment Banking in Europe, the Middle East, and Africa.