Morgan Stanley has appointed Pierre Mendelsohn as managing director and global head of retail securitised products in London. Mendelsohn moves from Bank of America Merrill Lynch, where he was London-based managing director of the structured solutions group. He will start at Morgan Stanley at the beginning of July. In his new role, Mendelsohn will report to Alvise Munari, global head of equity derivatives sales and financial engineering, who joined Morgan Stanley earlier this month.