Morgan Stanley’s Julian Peck jumps to APA Group

Julian Peck is moving on from Morgan Stanley. Picture: AFP

There are fresh changes at the top of the Australian investment banking scene, with Julian Peck leaving Morgan Stanley as the Australian co-head of investment banking.

Mr Peck has joined APA Group as its group executive for strategy and commercial.

Mr Peck has spent much of his career in investment banking, specialising in the infrastructure, utility and power sectors.

Based in Melbourne, he has been at Morgan Stanley for 14 years, working as head of infrastructure and utilities in Australia until 2017.

APA said Mr Peck would provide the leadership and direction that would ensure APA has a portfolio of assets and growth opportunities aligned to its strategy.

He starts in the job around September 1.

Julian Peck

He will be involved with business development and commercial contracting activities, co-ordination of corporate strategy development, as well as undertaking corporate development and merger and acquisition activities.

APA said Mr Peck was well-known to the company, having advised and supported it through many significant transactions and capital raisings, including the original IPO of APA in 2000.

“Julian’s wealth of knowledge and experience makes him the ideal candidate to lead APA’s approach to identify and capture future growth opportunities, as we move into our third decade as a major Australian energy infrastructure business,” APA group chief executive and managing director Rob Wheals said.

The news comes comes after the recent departure of the head of equity capital markets at Goldman Sachs Australia, Sarah Rennie, in recent weeks and the equities specialist Robbie Vanderzeil leaving UBS earlier in the year. At UBS, he held the position of global chairman of capital markets.