Morgan Stanley Selects Columbus for New Center of Excellence
New facility is expected to add 300 jobs to Central Ohio
Leading global financial services firm Morgan Stanley recently announced it will expand its Central Ohio operations opening a center of excellence in Columbus, Ohio. The company is expected to add as many as 300 new jobs over the next few years, with hiring scheduled to begin later this year.
“Morgan Stanley has successfully established a strong presence in the Columbus area, designating it as one of our centers of excellence. Morgan Stanley’s center of excellence supports the company’s global workforce strategy to leverage talent in targeted regions. “We are pleased to partner with Central Ohio officials to strengthen our footprint in the area and expand our workforce,” said Sheila Welch, managing director, head of Global Workforce Strategy at Morgan Stanley.
“We are excited that global financial institution Morgan Stanley expects to add 300 more jobs in Columbus,” said John Minor, president and chief investment officer, JobsOhio. “This expansion is an example of how Ohio’s talent, competitive costs, and ease of access to the East Coast continue to make Ohio a preeminent financial services destination.”
The Columbus Region employs more than 50,000 people in the finance and insurance industries. Finance and insurance related activities lead the region’s economic output with the sector contributing $28 billion in 2015.