(Reuters) - Morgan Stanley Chief Financial Officer Ruth Porat has decided to leave the firm to take on a new role in Silicon Valley, according to an internal memo seen by Reuters.
Jonathan Pruzan, co-head of the global financial institutions group in investment banking, will be appointed CFO upon Porat's departure, according to the memo.
A Morgan Stanley spokesman confirmed the news.
Porat joined Morgan Stanley in 1987.
(Reporting by Amrutha Gayathri in Bengaluru; Editing by Kirti Pandey)
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