Pimco Names Four New Chief Investment Officers

Pimco, the world’s largest bond fund manager, said the firm has appointed four additional deputy chief investment officers ahead of CEO Mohamed El-Erian’s unexpected departure. Mark Kiesel, Virginie Maisonneuve, Scott Mather and Mihir Worah, currently managing directors at Pacific Investment Management Co., will join Dan Ivascyn and Andrew Balls as deputy chief investment officers. Pimco CEO Mohamed El-Erian is leaving the investment firm after six years after announcing his unexpected departure this week. His resignation will be effective mid-March.