Debs, Richard A. - from United States
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Is an Advisory Director of Morgan Stanley and a member of its International Advisory Board. He joined Morgan Stanley in 1976 as the founding President of Morgan Stanley International to develop the investment bank’s international business, now a major part of its global activities. More recently, he was a member of the Group of Eight, former senior managers of Morgan Stanley who worked to bring about corporate governance improvements in the Firm.
Before joining Morgan Stanley, he was the Chief Operating Officer of the Federal Reserve Bank of New York, where he also served as an Alternate Member of the Federal Open Market Committee. He was the Fed’s principal contact with the OPEC countries with regard to petrodollar issues in the 70’s. During his transition from the Fed to Morgan Stanley, at the request of David Rockefeller, he served as a pro-bono financial advisor to President Sadat of Egypt.
Through his consulting firm, R.A. Debs & Co., formed after he retired as president, Mr. Debs has been involved in variety of business and philanthropic activities. Among other business associations, he has served as Chairman of the Malaysia Fund, as a Director of IBJ Whitehall Bank, Mizuho Corporate Bank (USA), Aubrey G. Lanston & Co., Mizuho Securities USA, and Gulf International Bank (London), and as an advisor to the Industrial Bank of Japan, Dai-Ichi Mutual Life Insurance Company, the Nissho-Iwai Corporation, and Bank Julius Baer.
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