John Vibert was named managing director, structured products, at Prudential Fixed Income, according to spokeswoman Theresa Miller.
The position is new.
Beginning in August, Mr. Vibert will work closely with Richard Rogers, also a managing director, structured products, to co-lead the firm’s structured finance team. He will report to Michael K. Lillard, managing director and chief investment officer for Prudential Fixed Income.
Mr. Vibert was a lead portfolio manager for BlackRock’s mortgage credit portfolios and lead trader for its non-agency residential mortgage-backed securities trading team. Lauren Post, a spokeswoman for BlackRock, confirmed that Mr. Vibert had left the firm but did not know at press time whether he has been replaced.