Brent R. Harris, managing director, was named co-head of PIMCO Global Advisors; James F. Muzzy had been the sole manager of PIMCOs global expansion efforts. Mr. Harris will be responsible for global strategic planning, new product development and management of certain joint ventures and alliances with Allianz Asset Management. He will remain chairman of PIMCO Funds.
Sudesh Mariappa was hired as PIMCO executive vice president and head of portfolio management in Asia, a new position. He will head PIMCOs new trading and portfolio management group in Japan. Mr. Mariappa was a managing director at Merrill Lynch Japan.