John S. (Jack) Wadsworth, Jr. is currently an Advisory Director of Morgan Stanley and Honorary Chairman of Morgan Stanley Asia. He began his career at the First Boston Corporation in New York City in 1963 and in 1978 became a member of the investment banking team at Morgan Stanley. He initiated the high tech banking practice, started the venture capital business and helped organized the leverage buyout business. In 1986, Jack led the effort to obtain a seat on the Tokyo Stock Exchange. Over five years in Japan, he built the firm's business from a small base to over 500 people and profitability. In 1991, he moved to Hong Kong as Chairman of Morgan Stanley Asia and proceeded to expand the firm's business in rest of the Asia. When he retired in 2001, the firm had over 2000 people, 11 offices and over a billion dollars in revenue in Asia. In addition, the firm had a healthy private equity activity based in Hong Kong and had created two joint venture investment banks one in China and one in India.