Morgan Stanley president is a stickler for discipline, even when it comes to the office dress code.

Morgan Stanley building

Colm Kelleher is a stickler for discipline, even when it comes to the office dress code.

Reuters reports that in an internal risk meeting during the summer of 2010, the then head of trading at Morgan Stanley chastised colleagues for rolling up their shirt sleeves and dispensing with their jackets in the New York heat, according to a former executive. Even in the dog days of summer with no clients present, Kelleher held those around him to a high standard.

Kelleher's role as enforcer-in-chief at Morgan Stanley was solidified last month when the Wall Street firm's Chief Executive James Gorman named him president, the No. 2 spot.

With Morgan Stanley under pressure to slash jobs, assets and business lines to compensate for a decline in bond trading, Gorman needs a lieutenant who can wield the axe as well as get the firm's investment bankers, traders and wealth management advisors to work together to boost revenue.

To access the complete Reuters article hit the link below:

Morgan Stanley's new president cements role as enforcer-in-chief

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