PIMCO Names Qi Wang as Chief Investment Officer - Portfolio Implementation
Newport Beach, California (June 29, 2022) – PIMCO, one of the world’s premier fixed income investment managers, has named Qi Wang, Managing Director and Portfolio Manager, as Chief Investment Officer – Portfolio Implementation. Ms. Wang joins the other members of PIMCO’s CIO leadership team - Daniel Ivascyn, Group Chief Investment Officer; Marc Seidner, CIO – Non-traditional Strategies; Andrew Balls, CIO – Global; Scott Mather, CIO – Core Strategies; Mark Kiesel, CIO – Credit.
Ms. Wang, who has 27 years of investment experience, joined PIMCO in 2010. She will oversee Analytics, as well as the newly created teams of Portfolio Implementation and Data Structure & Delivery, which will collaborate with portfolio managers and risk managers to strengthen the integration of new technology, analytics, risk management and execution into PIMCO’s investment decisions.
“Qi will lead this collaborative effort to ensure all PIMCO’s portfolio management teams draw on our deep quantitative and analytical resources to capitalize on the increasing array of investment opportunities we now see in global markets,” said Mr. Ivascyn. “Qi is a leader on the trade floor, both as a member of our Investment Committee and PM leadership, and manager of our global macro hedge fund strategies, so is perfectly placed to lead this strategically important function.”
In addition, Sudi Mariappa, Managing Director and Portfolio Manager, who has led PIMCO’s Global Portfolio Risk Management, will become Global Head of Analytics. Mr. Mariappa replaces Ravi Mattu, Managing Director, who is retiring from PIMCO after an illustrious four-decade career in financial services. And Josh Davis, Managing Director, will become Global Head of Risk Management.
Both Mr. Mariappa and Mr. Davis will also be backed by strong teams with deep experience in analytics and risk management respectively. Mr. Mariappa has 34 years of experience in the investment industry and has served in a number of roles at PIMCO including generalist portfolio manager, senior advisory roles to the PM group and led teams managing global bond strategies. He will work closely with Masoud Sharif, Executive Vice President, Head of Core Risk Analytics, and Marco van Akkeren, Executive Vice President, Head of Desk Quant Analytics.
Mr. Davis brings to his role almost two decades of broad experience in portfolio management, risk management, team leadership and analytics. His combination of expertise in portfolio construction, asset allocation and analytics gives him a unique understanding of managing risk from both a portfolio management and client perspective. He will be supported by Matt Putnicki, Executive Vice President, who has more than a decade of experience in risk management, is a member of our global risk committee and oversees PIMCO’s experienced team of risk managers.