PIMCO has elected Daniel Ivascyn to serve as Group Chief Investment Officer (“Group CIO”), succeeding William H. Gross who has left one of the leading global investment management firms. Recent quotes regarding the new boss of PIMCO.
"We are delighted in the appointment of Dan Ivascyn as Group CIO as well as the announcement of the entire CIO leadership team. Dan is an outstanding investor, team player and leader. The deep bench and brand that PIMCO has built up gives them the scale and expertise to confirm being "Your Global Investment Authority"." Jay Ralph, Member of the Board of Management Allianz SE and Chairman at Allianz Asset Management.
“Dan is a brilliant investor, inspiring leader, superb manager and one of the most considerate and decent people I know. He is a great Group CIO for PIMCO.” Mohamed El-Erian, Chief Economic Adviser, Allianz SE.
In addition, the firm appointed Andrew Balls, CIO Global; Mark Kiesel, CIO Global Credit; Virginie Maisonneuve, CIO Equities; Scott Mather, CIO U.S. Core Strategies; and Mihir Worah, CIO Real Return and Asset Allocation. Douglas Hodge, PIMCO’s Chief Executive Officer, and Lew “Jay” Jacobs, President, will continue to serve as the firm’s senior executive leadership team, spearheading PIMCO’s business strategy, client service and the firm’s operations.
