Wei Christianson
Wei Christianson, née Sun (born 21 August 1956) is CEO of China and Co-CEO of Asia Pacific for Morgan Stanley and a member of the Firm's Management Committee. In addition to her regional role, she is responsible for all aspects of the firm's operations in China, and frequently speaks on Asia business issues at major conferences around the world.
Wei Sun Christianson | |
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孙玮 | |
Born | |
Nationality | USA |
Alma mater | Amherst College, Columbia Law School |
Occupation | CEO and Managing Director China, Co-CEO Asia Pacific Morgan Stanley |
Spouse(s) | Jon Christianson |
Children | 3 |
Early life and education
Wei Sun Christianson was born on 21 August 1956 to an army officer father and doctor mother as part of the Frontier Generation from China's Cultural Revolution. She grew up in Beijing as the youngest of four daughters.[1] Growing up, her mother would often sew clothes that were "just a bit more stylish than what was generally available", stimulating Christianson's early interests in fashion.[2] Her parents believed strongly in a Western education, going as far as to spend a month's salary buying her a tape recorder so she could play English tapes. She took the Gao Kao in 1978 and was accepted by the prestigious Beijing Language and Culture University, with the intention of learning English and working as a translator for the Ministry of Foreign Affairs.
During college, she met visiting Columbia University professor Randle Edwards and was urged to set her goals higher, aiming to become a lawyer as it would be a more respected profession and highly atypical of women at the time. As she wanted to ultimately attend Columbia Law School, Edwards advised that she first attain a degree from a top liberal arts college in the U.S. in order to better her chances of acceptance.
Christianson applied to a dozen liberal arts colleges in the United States and was accepted to all of them.[1] In 1983 she transferred to Amherst College and became its first student from mainland China following China's opening to the Western world in the early 1980s.[3] She graduated cum laude with a B.A. in political science in 1985.
She immediately continued on to Columbia Law School, where she met her future husband Jon Christianson and received her J.D. degree in international law in 1989.[1][4]
Career
Following Columbia Law School, Wei Christianson worked as an attorney in the New York offices of Orrick, Herrington & Sutcliffe.[5]
In 1992, Christianson and her husband moved to Hong Kong for his job. In order to raise a child (as continuing her law profession in Hong Kong would require her to travel), she attained a position as Associate Director in the Corporate Finance Department at the Hong Kong Securities and Futures Commission (SFC) drafting the regulatory structure that would enable the first batch of People's Republic of China companies to be listed outside China — a unique job that helped pave the way for her investment banking career.[5] However, Christianson's husband felt that a career as a regulator did not fully meet Christianson's potential, and suggested pursuing a job in finance instead.[6]
Christianson soon joined Morgan Stanley in 1998, where she was an executive director, Beijing chief representative, and a senior team member of Morgan Stanley's Resources, Power and Transportation Group, where she met her mentor John Mack.[7][1] When Mack was ousted from Morgan Stanley in 2002, Christianson followed him to Credit Suisse First Boston, where he held positions as a managing director, chairman, and country manager.[8] After that, Christianson joined Citigroup as a managing director and chairman of China, Citigroup Global Markets (Asia) Ltd., where she was responsible for the securities and investment banking businesses in China.[7] Christianson returned to Morgan Stanley once again, under Mack's request, in 2006 as the Chief Executive Officer for China, and retains her position there to the present day.[2][9] Since her return, Christianson has built out the Morgan Stanley team by 300% and played a critical role in many significant deals for the firm, such as the 2007 $5 billion sale of Morgan Stanley's stakes to China's state-owned China Investment Corporation.[9]
As a banker, Christianson has masterminded major initial public offerings including Sinopec, China Life, and SMIC, and oversaw the $4.2 billion acquisition of Gas Kazakhstan by CNPC, which was the largest cross-border M&A deal ever undertaken in China at that time.[10]
In addition, Christianson is a member of the Advisory Committee to Hong Kong Securities and Futures Commission (SFC), a member of the Advisory Board of China Shenzhen Stock Exchange, a Board member of the Estée Lauder Companies, a Member of the Columbia University International Advisory Board of Law School, a member of Yale Asia Development Council, on the Amherst College Board of Trustees and a member of Hong Kong’s Financial Services Development Council (HKFSDC).[2][11]
Christianson regularly speaks at the largest business conferences like the World Economic Forum, Fortune Global Forum, Milken Institute Global Conference, in addition to other public speaking roles. Canadian Prime Minister Justin Trudeau held a public meeting with Christianson in Toronto to discuss Asia-Canada business relations at the height of global trade tensions in 2018.
Philanthropic and Sustainability Initiatives
Christianson has been engaged in many philanthropic and sustainability initiatives including being a keynote speaker at the 2017 UN Women/CKGSB Women in leadership forum, supporting the Morgan Stanley Women Business Alliance (WBA) in Asia Pacific and Morgan Stanley’s Global Sustainability Bond Leadership Council in Asia Pacific. Over the years, she has supported a number of Morgan Stanley’s core charities namely Heart to Heart, Little Flower and Jiutian school and has volunteered at the Beijing Children’s Hospital (BCH) since 2009.
Awards
Ms. Christianson has been named in Fortune Magazine’s Most Powerful Women (MPW) “International list” for 11th consecutive years since 2008.[11] She was one of the Financial Times’ twelve “Women of 2013” and FinanceAsia magazine’s Top 25 Women in Asian Finance in 2015.[12] She has also regularly appeared on Fortune Magazine’s “China Powerful Women” and Forbes’ “Businesswomen in China” lists.
She was listed in the Financial Times’ 2010 and 2011 "Power Women to Watch" lists, as well as being on the Wall Street Journal’s 2006, 2007 and 2008 “50 Women to Watch” list. She has also been rated as one of the Top 25 Non-bank Women in Finance by the American Banker and US Banker Association in 2007 and 2008.
Christianson has received many awards recognizing her achievements as a Chinese native. She received the 2009 Pinnacle Award from the Asian American Business Development Center for being one of the Outstanding 50 Asian Americans in Business. She also received the 2008 Legacy Award from the Museum of Chinese in America, and the 2008 China Women's Achievement Award from the Women's Federation of P.R. China and Sun Media Group.[4]
Christianson has been awarded the Medal for Excellence by Columbia University School of Law Association.
Personal life
Christianson is famously tight-lipped during interviews, declining to give information on on-going company projects.[6]
She is also known to be well-dressed at all times and has dabbled in design, participating in the 2015 Women Fashion Power exhibit at the Design Museum in London.[13] She gave an interview with the museum detailing her fashion and beauty habits in which she states that she does not have a personal shopper, and does most of her shopping herself spontaneously while traveling around the world for work. She is very interested in skin care and her favorite designers are: Escada for suits, jeans, Chanel for suits, St. John for suits, Dolce Gabana for pants suits, MaxMara for pants suits, Christian Dior, Fendi for cocktail wear. Roberto Cavali for casual wear. She describes her style as "professional", and believes that fashion should be an extension of the self, not blindly following trends but rather individualistic and making "a strong statement about one's self-esteem, confidence, and presence".[2]
Christianson has stated in multiple interviews that her mother was a major influence growing up. She states that her late mother was the one to support her staying in such a male-dominated field even when Christianson felt like giving up.[1] Her mother also spurred on her interests in fashion by tailoring her daughters' clothing and "modestly challenging the Chinese system".[2]
She is married to American Jon Christianson, a former partner of Skadden, Arps, Slate, Meagher & Flom LLP, and Affiliates. She has stated that she and her husband split equal responsibilities and support each other in their work and in raising their children, compensating at home for each other's busy work hours.[1] She is also the mother of three boys: Erik, Neil, and Nicholas.[4][1] She currently lives with her family in Beijing.[7]
References
- Seligson, Hannah (29 October 2010). "Wheeler and Dealer". Forbes. Forbes. Retrieved 19 August 2016.
- "Wei Sun Christianson". Design Museum. Retrieved 18 August 2016.
- In the 1920s, Ye Gongchao (叶公超) attended and graduated from Amherst College as a student from mainland China. See here.
- "Wei Sun Christianson '85 Appointed to Board of Trustees". Amherst College News. 19 July 2010. Retrieved 27 February 2011.
- "The Estée Lauder Companies Elects Wei Sun Christianson to Its Board of Directors". Estee Lauder Companies. Retrieved 18 December 2014.
- Mitchell, Tom (12 December 2013). "Wei Christianson". FT Magazine. FT Magazine. Retrieved 18 August 2016.
- "Wei Christianson Morgan Stanley China CEO" (PDF). American Chamber of Commerce. 26 October 2010. Retrieved 1 March 2011.
- Leo, Jason (21 December 2007). "Morgan's Helping Hand in China". The Wall Street Journal. The Wall Street Journal. Retrieved 20 August 2016.
- Durmiak, Michael (1 December 2008). "The Top 25 Nonbank Women in Finance- #8 Wei Sun Christianson". American Banker. American Banker. Retrieved 20 August 2016.
- "Columbia Law School: Powers of Persuasion". Columbia Law School Alumni. 26 October 2010. Retrieved 18 November 2010.
- "The Most Powerful Women of Asia-Pacific". Fortune. Retrieved 18 December 2014.
- "Women in finance: Wei Sun Christianson". FinanceAsia. Retrieved 14 June 2016.
- "Women Fashion Power". Design Museum. Design Museum. Retrieved 19 August 2016.