07 April 2017
California
Reporter: Drew Nicol

PIMCO names new pensions chief


Californian-based asset manager PIMCO has named new managing directors to lead its investment strategies and regional offices.

The new managing directors include Rene Martel, who is head of pension solutions in the Americas with a focus on liability-driven investments, asset allocation and asset-liability management strategies for pension funds and insurance companies.

Roger Nieves has been named head of the enterprise coverage team within PIMCO’s US global wealth management group. He is responsible for PIMCO’s coverage of strategic relationships with US-domiciled broker-dealers, banks and trust banks.

Michael Cudzil has become the senior member of the liability-driven investment portfolio management team. He previously served as chair of the Americas portfolio committee, and as a rotating member on the PIMCO investment committee.

Sachin Gupta is the new head of the global desk and a member of the European portfolio committee, along with a rotating member of the Asia-Pacific portfolio committee.

Alec Kersman has been named head of PIMCO in Latin America and the Caribbean.

Based in Brazil, Kersman is responsible for setting strategic direction for the region and leading a team of PIMCO professionals to deliver investment solutions and services to Latin America clients.

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