Jack DiMaio has been appointed as the global head of interest rate, credit and currency trading at Morgan Stanley.
DiMaio will also join Morgan Stanley’s management committee, and will now report to Michael Petrick, global head of sales and trading.
Previously, he served as head of fixed income for North America at Credit Suisse from 2002-2003 and as head of alternative investment at Credit Suisse Asset Management from 2003-2004.
At Credit Suisse, DiMaio was also a member of the bank’s executive board, head of global credit trading, co-head of the global credit products cluster, head of the corporate bond department and head of high-grade corporate bond trading.
In 2005, DiMaio became chief executive officer and managing partner of DiMaio Ahmad Capital. Morgan Stanley also recently announced that it will take a minority stake in this firm, where Nasser Ahmad will become the sole managing partner of D/A Capital, and DiMaio will be a member of its advisory board.
Morgan Stanley also recently hired Managing Director Al Chinappi and six other sales and trading professionals in emerging market credit.