EUROPE – MSCI Barra has named Fitch Ratings’ Adam Djanogly as its new head of client business in Europe, the Middle East and Africa.

“In this role, he will be responsible for developing and implementing the regional business strategy, as well as managing a team of sales and client service professionals,” the index provider said.

It added he was formerly a managing director and head of business development in the EMEA region at Fitch.

“Adam’s appointment further strengthens MSCI Barra’s senior management team and we are delighted to have him on board,” said MSCI marketing chief Baer Pettit.

“Adam’s appointment and the continuing expansion of our client coverage teams now enable us to build upon that success. With our clients’ strong demand for multi-asset class solutions, Adam’s background is a great fit.”

Morgan Stanley bought risk management analytics firm Barra for $816m and integrated into the MSCI index business in 2004.