Cameron A. Lochhead was named a managing director in PGIM's institutional relationship group, spokeswoman Mayura Hooper said.
The position is new. Mr. Lochhead will focus on managing the company’s relationships and collaborating with many of PGIM’s largest U.S. clients. He will be based in Newark, N.J., and report to James Sullivan, executive chairman of Prudential Fixed Income and head of PGIM’s institutional relationship group.
Mr. Lochhead was a regional director at Russell Investments responsible for managing relationships with corporate and state retirement plan sponsor fiduciaries and executives. Gerry Lillis, director, relationship management, assumed Mr. Cameron’s responsibilities, Russell spokeswoman Kate Stouffer Bauman said.
PGIM had $1 trillion in assets under management as of March 31.