Asia-Pac transition management head exits Morgan Stanley

Richard Surrency has left his post as Asia-Pacific head of transition management at Morgan Stanley, as regional TM executives point to challenging conditions for their business. The bank has confirmed Surrency’s departure and that he is on garden leave. He has not been replaced and the bank declined to comment on whether he would be. He had reported to Zach Tuckwell, Asia-Pacific head of electronic trading based in Hong Kong, who is now overseeing the regional TM business. Sur…