Ki Cho joined PIMCO in Tokyo as a senior vice president and Japanese interest rate portfolio manager, confirmed PIMCO spokeswoman Asako Tanabe.
The position is new. Mr. Cho, who reports to Tomoya Masanao, managing director and head of portfolio management Japan, becomes Pacific Investment Management Co.'s third portfolio manager in Tokyo, said Ms. Tanabe in an e-mail.
Mr. Cho was a director and head of Japanese yen interest rate swap trading at Deutsche Bank, according to a PIMCO news release. A Deutsche Bank spokeswoman in Tokyo declined to comment.
In the news release, Mr. Masanao welcomed Mr. Cho at a time “when the Japanese rates market is making a very important secular shift and offering active investment opportunities following the recent policy regime change by the Bank of Japan.”