PIMCO appoints global head of product strategy

Fixed income investment manager PIMCO has appointed Kimberly Stafford as global head of PIMCO’s product strategy group, as well as making several other changes in key leadership roles.

Stafford was currently head of Asia Pacific and would return to the firm’s Newport Beach office in the middle of the year to oversee traditional strategies and alternatives, which included private strategies and hedge funds.

Stafford had led PIMCO’s Asia Pacific region since 2017 and during her 21 years at PIMCO, she held various positions including head of the consultant relations group, oversight of US institutional sales and alternatives marketing teams, head of human resources and talent management, head of global sustainability initiatives, and account manager in the consultant relations group.

Alec Kersman, currently head of strategic accounts in US global wealth management (US GWM), would replace Stafford as the new head of Asia Pacific.

David Fisher, currently managing director and currently head of traditional product strategies, would become co-head of US GWM strategic accounts, alongside Eric Sutherland, managing director and president of PIMCO Investments.

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Both would report to Emmanuel Roman, managing director and chief executive.

Fisher had spent 13 years as a leader in the product strategy group and served as a trustee of the firm’s closed end funds. He would relocate to the New York office and both would report to Gregory Hall, managing director and head of US GWM.

Ryan Korinke, managing director and head of hedge fund and quantitative strategies, would move from Hong Kong to Newport Beach.

Kersman would be supported in Asia-Pacific by PIMCO’s talented regional leadership team and deep bench of investment professionals.