WASHINGTON -- Harrison Young will leave the Federal Deposit Insurance Corp. - just three months after being promoted to acting chief operating officer and deputy to the agency's chairman.

Mr. Young, 49, plans to return to Morgan Stanley, where he will be a senior adviser based in Hong Kong. Mr. Young said he will work on privatizing government-owned businesses and financing infrastructure projects such as bridges and roads.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.