Ms. Ruth Porat has been the Chief Financial Officer and Executive Vice President of Morgan Stanley since January 2010. Ms. Porat served as the Global Head of the Financial Institutions Group at Morgan Stanley from September 2006 to December 2009 and also served as its Vice Chairman of Investment Banking from September 2003 to December 2009 and Chairman of the Financial Sponsors Group from July 2004 to September 2006. Throughout the recent financial crisis, she has been responsible for the Financial Sponsors Group 's coverage of financial institutions and governments globally, and she led the team advising the U.S. Treasury with respect to Fannie Mae and Freddie Mac. Ms. Porat began her career with Morgan Stanley in 1987 in the Mergers and Acquisition Department. Since then she has played numerous roles, including establishing the corporate finance effort covering Financial Sponsors, leading the Equity Capital Markets technology business and serving as Co-Head of the Global Technology Group. She spent a year based in London where she focused on technology and media clients and its private equity investing. She received an M.B.A. from the Wharton School at the University of Pennsylvania, a M.Sc.Econ. from the London School of Economics and an B.A. from the Stanford University.