Global investment firm PIMCO has hired Adrian Stewart, a former executive at Macquarie Group, as head of Australia, just one day after the firm named the new head of Asia Pacific.
Mr Stewart’s most recent position is head of wholesale distribution & marketing at Macquarie. He will join PIMCO in August to lead the firm’s business in Australia, reporting to Eric Mogelof, the new head of Asia Pacific.
PIMCO has investment management operations in 12 countries across North America, Europe and Asia. It is owned by Allianz S.E., a German multinational financial services group.