Sara Kunin ( pictured ), an executive director on the third party retail structured products desk at Morgan Stanley in New York has left the bank and been replaced by Phil Kluczynski, also an executive director. Kunin was previously employed as an associate consultant at Deloitte Consulting. Kluczynski has been an associate in interest rate sales at Morgan Stanley and a fixed income sales analyst at Morgan Stanley Smith Barney. Prior to that, he was an accounting assistant at People for the Amer

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