Morgan Stanley Promotes Sanders, Thurner to Co-Heads of EMEA ECM

Feb. 9, 2026, 2:46 PM UTC

Morgan Stanley has named Natasha Sanders and Thomas Thurner as co-heads of equity capital markets for Europe, the Middle East and Asia, according to people familiar with the matter.

The two, who were previously co-heads of ECM deal origination for the region, will now also oversee the syndicate function, the people said, asking not to be identified discussing confidential information. They will continue to report to Martin Thorneycroft, global co-head of the division, in their new roles, the people said.

A spokesperson for Morgan Stanley declined to comment.

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