Temasek hires Morgan Stanley banker for global unit

SINGAPORE | Mon Aug 11, 2008 4:32am EDT

SINGAPORE Aug 11 (Reuters) - Singapore's sovereign fund Temasek Holdings [TEM.UL] has hired Morgan Stanley investment banker Michael Dee to join a team that will oversee its new international division, sources familiar with the move told Reuters on Monday.

The international division, which is being formed as part of an internal revamp, comes as the Singapore group increasingly looks to expand outside Asia, after high profile investments in Merrill Lynch MER.N, Barclays (BARC.L) and a planned expansion in Latin America.

Dee, who last worked at Morgan Stanley in Houston as its regional head with investment banking as his primary responsibility, also brings considerable Asian expertise with past stints in Hong Kong and Singapore. (Reporting by Saeed Azhar, editing by Neil Chatterjee)

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