Noble Group to Name Former Morgan Stanley Banker as Next Chairman

Noble Group Ltd is set to appoint Ian Potter, a former senior banker at Morgan Stanley, as its next chairman in a few weeks, just as the commodities trader seeks to complete its $3.5 billion debt restructuring, sources with knowledge of the matter said on Monday, Reuters reported. Singapore-based Potter has been working with Noble in an advisory capacity for the past few months, said one of the sources, who declined to be named as Singapore-listed Noble has not made any official announcement about its next chairman. Reuters was not able to contact Potter and an external spokeswoman at Noble had no immediate comment on the subject. Potter is a managing partner at Lion City Capital, a private investment company. He previously had a nearly two decade stint at Morgan Stanley, where he was the head of its Asia commodities, among other roles, according to his LinkedIn profile. Read more