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Jako van der Walt returning to Morgan Stanley

In a shuffling of the seats at Morgan Stanley, Jako van der Walt is returning to head the American bank’s South African investment banking business, rejoining the firm he left 10 years ago, according to Bloomberg. At the same time, Managing Director Risana Zitha, formerly the head of investment banking coverage in South Africa, is relocating to London to head up Sub-Saharan investment banking coverage outside South Africa. Most recently van der Walt was head of metals and mining banking for sub-Saharan Africa at J.P. Morgan. He will be based in Johannesburg.

Read more at Bloomberg…

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