PIMCO hires new MD
Fixed income investment manager, PIMCO has announced the firm has hired John Studzinski as its new managing director and vice chairman of PIMCO in its executive office.
Studzinski, who would be based in PIMCO’s New York office and report to chief executive officer Emmanuel Roman, has 30 years of experience as a financial and strategic adviser, having spent most of his career working in Asia and Europe.
In his new role, he would work closely with PIMCO’s client management teams and the firm’s senior leadership including Tom Otterbein, head of PIMCO’s institutional client management group in the Americas, Craig Dawson, head of PIMCO Europe, Middle East and Africa, and Kim Stafford, head of PIMCO Asia-Pacific.
Studzinski joined from Blackstone Group where he served as vice chairman, investor relations and business development as well as senior managing director.
He also worked for Morgan Stanley international where he was head of European Investment Banking and for HSBC Group where he was on the bank’s group management board.
“Offering our clients insightful advice is one of PIMCO’s most enduring values. John’s unique, powerful perspective and experience – combined with our outstanding client management leadership and teams – will prove invaluable as we continue to expand our global business,” Roman said.
Recommended for you
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.
Iress has completed the sale of its platform business, bringing $4.1 billion in funds under administration over to Praemium.