PIMCO has appointed Kimberley Stafford, the managing director and current global head of the firm’s consultant relations group, as the new head of Asia-Pacific.
Stafford will assume her responsibilities immediately and will relocate to Hong Kong mid-year. She will report to PIMCO's chief executive officer, Emmanuel Roman.
Stafford will replace Eric Mogelof, managing director and current head of Asia-Pacific, who is taking up a new role as head of PIMCO's US global wealth management business. Mogelof will also assume his responsibilities immediately, will relocate to New York in June and will also report to Roman.
Stafford has served PIMCO in a variety of important roles during her 17-year career at PIMCO. Prior to her current position heading consultant relations globally, US institutional sales and alternatives marketing groups, she was global head of human resources and talent management, head of global sustainability initiatives, a member of the executive office and an account manager in the consultant relations group. Stafford has also served on PIMCO's executive committee, playing a key role in setting PIMCO's strategic direction.
Roman says: "Kim is the ideal executive to continue to serve our clients in the incredibly important Asia-Pacific region because of her deep understanding of the asset management business, her commitment to our clients and proven strategic leadership.
"Kim Stafford and Eric Mogelof are proven leaders who will serve our clients in these important roles in Asia-Pacific and the US and are an example of the deep bench of executive and leadership talent PIMCO has globally."
Stafford says: "I look forward to building on the excellent service that Eric and our team in Asia-Pacific have delivered to clients. I will be supported in this role by a best-in-class regional leadership team and deep bench of talented investment professionals, both in Asia-Pacific and around the world."