MONEY MANAGEMENT

PIMCO consultant relations head named to lead Asia-Pacific business

Kimberley Stafford, the global head of Pacific Investment Management Co.'s consultant relations group, was named the head of Asia-Pacific, effective immediately.

She replaces Eric Mogelof, who takes on the new position of head of PIMCO's global wealth management business. She will move to Hong Kong from Newport Beach, Calif., midyear. Mr. Mogelof will move to New York from Hong Kong around the same time.

A spokeswoman said PIMCO will fill the role of global head of consultant relations in due course.