Morgan Stanley's Qatar head leaves to join local firm - sources

DOHA, Oct 8 (Reuters) - The head of Morgan Stanley Inc's

Qatar business has resigned to join the investmentbanking arm of unlisted local lender Barwa Bank, three sourcesfamiliar with the matter said.

Khalid al-Subeai will join The First Investor as deputychief executive, effective January 1, one of the sources saidspeaking on condition of anonymity as the matter is not public.

Subeai joined Morgan Stanley in 2010 from state-owned QatarPetroleum.

Morgan Stanley and Barwa Bank declined to comment.

Qatar, the world's top exporter of liquified natural gas,has been spending billions of dollars overseas, both to expandits investment portfolio and to boost its political clout.

(Reporting by Dinesh Nair and Mirna Sleiman in Dubai and ReganDoherty in Doha; Editing by Amran Abocar)

((dinesh.nair@thomsonreuters.com)(+ 971 4 366 4265)(ReutersMessaging: dinesh.nair.reuters.com@reuters.net))