He was instrumental in building Morgan Stanley's electronic trading and prime brokerage division and in 2000, ultimately rose to the post of president and chief operating officer (COO) of its worldwide operations of the Institutional securities and Investment banking businesses [REF].
In 2005, after more than two decades with Morgan Stanley, Vikram Pandit decided to leave the firm along with John Havens after being passed over by Philip J. Purcell [REF].