Brigitte Posch will join PIMCO as executive director and portfolio manager in its emerging markets group, a newly created position.
She will report to Curtis Mewbourne, managing director, and Michael Gomez, executive vice president, both also co-heads of PIMCOs emerging markets group, when she joins the firm Aug. 25.
As emerging markets continue to expand around the world, investment opportunities expand as well, said PIMCO spokesman Mark Porterfield.
Ms. Posch was managing director and head of Latin American securitization and trading at Deutsche Bank, where spokesman Scott Helfman could not be reached for comment about a replacement.