Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:An Ex-PM Will Succeed Gaffney Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, May 6, 2015

An Ex-PM Will Succeed Gaffney

News summary by MFWire's editors

Brian Gaffney is saying goodbye to Allianz [profile], and an ex-PM and company bigwig stationed on the other side of the globe will fill his shoes.

Yesterday Elizabeth Corley, global CEO of Allianz Global Investors (Allianz's asset management unit) confirmed that AGI U.S. CEO Gaffney will retire at the end of 2015, to be succeeded by Doug Eu next year. Eu has spent the past nine years as CEO of Asia Pacific for AGI.

Bloomberg and Pensions & Investments both reported on the news.

Gaffney and Eu come from different sides of the asset management business. New York City-based Gaffney was a 15-year Neuberger Berman veteran who came from the sales side of the business. He joined AGI as CEO of its U.S. business in 2008. He's an alumnus of Stonehill College.

Eu, on the other hand started out as a research analyst and for 19 years he rose up through JF Securities and JF Investment Management (later called JF Asset Management, now part of J.P. Morgan Asset Management). He was a PM, the market specialist for Greater China. In 2006 he joined AGI as CEO of its Asia Pacific business, and he is based in Hong Kong. He's an alumnus of both Vassar and London Business School.

Corley describes Gaffney as "a driving force behind the development of [AGI's] US business." And Corley praises Eu as "a natural choice to take over leadership of AllianzGI in the US," pointing to Eu's "track record of successfully growing [AGI's] business in Asia Pacific." 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use