Noble to name former Morgan Stanley banker as next chair, say sources
Singapore — Noble Group is set to appoint Ian Potter, a former senior banker at Morgan Stanley, as its next chair in a few weeks, just as the commodities trader seeks to complete its $3.5bn debt restructuring, sources with knowledge of the matter said on Monday. Singapore-based Potter has been working with Noble in an advisory capacity for a few months, said one of the sources, who declined to be named as Singapore-listed Noble has not made any official announcement about its next chair. Reuters was not able to contact Potter and an external spokesperson at Noble had no immediate comment on the subject. Potter is a managing partner at Lion City Capital, a private investment company. He previously had a nearly two-decade stint at Morgan Stanley, where he was the head of its Asia commodities, among other roles, according to his LinkedIn profile. Paul Brough, a restructuring veteran and Noble’s chair, brought the firm back from one of the biggest near-death corporate experiences in Asi...
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