Daleep Singh has been appointed vice chair, chief global economist and head of global macroeconomic research at PGIM Fixed Income, a unit of asset manager PGIM Inc., effective April 21.
They are new positions, a spokesperson confirmed.
Singh will report to co-CIO Gregory Peters, and he will be “responsible for oversight of the global macroeconomic research team, which includes senior economists with extensive experience in the public and private sectors,” said a news release March 17.
Singh previously was PGIM Fixed Income’s global chief economist and head of macroeconomic research from June 2022 through February 2024, when he was named U.S. deputy national security adviser for international economics under President Joseph Biden.
From 2011 to 2017, Singh also worked for the Treasury Department, including serving as acting assistant secretary for financial markets and deputy assistant secretary for Europe and Eurasia, the news release said.
PGIM Fixed Income had $837 billion in assets under management as of Dec. 31.
PGIM is the global asset management business of Prudential Financial and had $1.38 trillion in AUM as of Dec. 31.