PIMCO Elevates Company Mainstay Kimberley Stafford to Head of Asia-Pacific

Pacific Investment Management Company (PIMCO), a global asset investment management group, has elevated Kimberley Stafford, its Managing Director and acting Global Head of PIMCO's Consultant Relations Group, to the new rank of Head of Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term), according to a group statement.

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Ms. Stafford has been with PIMCO for over sixteen years, originally joining the group back in 2000. She previously led its global consultant relations efforts, US Institutional Business Development and Alternatives Specialists teams. Since joining PIMCO, she has also held a number of former senior roles, serving as an integral component to its strategic, operational, and financial objectives, as well as a stint as its Global Head of Talent Management and HR.

She will begin her new role as the Head of APAC with immediate effect, which will eventually see her relocate to Hong Kong, reporting directly to PIMCO's Chief Executive Officer, Emmanuel Roman. She will be succeeding Eric Mogelof, PIMCO’s Managing Director and current Head of Asia-Pacific, who will now be heading PIMCO's U.S. Global Wealth Management business.

According to Mr. Roman in a recent statement on the appointment: "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 U.S. and are an example of the deep bench of executive and leadership talent PIMCO has globally,” he added.

"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,” reiterated Ms. Stafford in an accompanying statement.