Morgan Stanley has appointed former Central Intelligence Agency executive Jami Miscik to its board, replacing Griff Sexton, who is retiring after nine years.

Morgan Stanley has appointed former Central Intelligence Agency official Jami Miscik to its board, replacing Griff Sexton, who is retiring after nine years.

Miscik is president and vice chairman of consulting firm Kissinger Associates. Prior to joining Kissinger Associates in 2009, she was the global head of sovereign risk at Lehman Brothers, and also served as a senior advisor to Barclays Capital. Before entering the private sector, Miscik had a 20-year career in intelligence, ultimately serving as the Central Intelligence Agency's deputy director for intelligence.

Sexton has been a director since September 2005.  He has served as an adjunct professor at Columbia Business School and visiting lecturer at Princeton University. Before his academic career, he was an investment banker and advisory director at Morgan Stanley

“Griff brought deep and substantive knowledge of our Firm and the financial services industry to the Board, as well as honed analytical abilities.  He always focused on what was best for shareholders.  On behalf of the entire Board of Directors, I want to thank Griff for his many years of exemplary service and contributions to the firm,” said chairman and chief executive James Gorman.