Pimco has appointed a new managing director to oversee operations in the Asia Pacific including Australia.

Eric Mogelof will have management oversight responsibility for the firm’s business in Asia Pacific, including Pimco’s Hong Kong, Singapore, Sydney and Tokyo offices.  He will report to Douglas Hodge, Managing Director and PIMCO’s Chief Executive Officer.

Mr. Mogelof will continue to serve as a member of PIMCO’s Executive Committee, the governing body that sets policy and strategic direction for the firm.

Mr Mogelof joined Pimco in 2003, and has demonstrated leadership across several key areas of the firm. Previously, he was Head of Americas Institutional Business and Global Head of Pimco Advisory.

He will relocate from New York to Hong Kong in August 2014.

Source: Pimco Press Release (read full press release here) & InvestorDaily (read full article here).