PIMCO Hires Richard Clarida as Managing Director and Global Economic Advisor
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Wednesday, August 3, 2022
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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.