Morgan Stanley has named Peter Akwaboah, Chief Operating Officer for its division that oversees technology and operations.
Akwaboah will oversee operations and technology strategy for the firm, including a team of 300 people, and report directly to Rooney, the source said. A key focus of Akwaboah will be on transforming how the bank delivers its offerings and services to both its clients and employees, the source said.
He is a managing director who was previously global head of shared services and banking operations. He’ll replace Jason Dandridge, who has left the firm, according to a source familiar with the situation.
Akwaboah was the chief operating officer for global operations before he oversaw shared services and banking operations. He also managed the bank’s settlement and payments infrastructure, and chairs the bank’s payment risk steering committee.
