Rair Simonyan and Elena Titova were top bankers in Moscow, while
Walid Chammah, a former head of its international unit, exited the Russian Regional Development Bank, according to a statement from Rosneft.
Rosneft has hired Morgan Stanley veterans led by former co-president
Walid Chammah to advise its president on an overhaul of its financial assets and create a platform for hedging its oil trade.
The regional heads, who have previously reported to
Walid Chammah, will now report to Kelleher.
Walid Chammah, another Morgan Stanley co-president who had also for a time been a candidate for the top job, was named chairman of Morgan Stanley International.
Morgan Stanley co-presidents James Gorman and
Walid Chammah will be paid $800,000 and $750,000 respectively, the bank said in a regulatory filing, according to the report.
Morgan Stanley's Co-President
Walid Chammah emphasized that the merger will create a bigger retail domestic brokerage network and a wider global platform that will be more attractive to the clients of both firms.
Mack said in a memo on Monday to employees that he and the firm's two presidents, James Gorman and
Walid Chammah, informed their board's compensation committee of their decision to forgo 2008 bonuses, and the committee accepted.
We believe Jack is ideally suited to help us drive improved performance in our fixed income business as we look to leverage the strong talent and build upon the platform we have in place,'
Walid Chammah, co-president of Morgan Stanley.