Catholic Secular Forum

PIMCO Hires Richard Clarida as Managing Director and Global Economic Advisor

Retrieved on: 
Wednesday, August 3, 2022

Joachim Fels, Managing Director and currently PIMCOs Global Economic Advisor, will retire from PIMCO at the end of the year after a long and illustrious career spanning almost four decades as an economist.

Key Points: 
  • Joachim Fels, Managing Director and currently PIMCOs Global Economic Advisor, will retire from PIMCO at the end of the year after a long and illustrious career spanning almost four decades as an economist.
  • In his previous tenure at PIMCO from 2006-2018, Mr. Clarida served in a similar role as Global Strategic Advisor and played a key role in formulating PIMCOs global macroeconomics analysis.
  • Richard Clarida is a PIMCO Managing Director and Global Economic Advisor.
  • Prior to joining PIMCO in 2022, Mr. Clarida was PIMCOs Global Strategic Advisor from 2006 to 2018.