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Rating:Meet Pimco's New Brain Trust, Complete With an Ex Prime Minister and Two Former Central Bank Chiefs Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, December 08, 2015

Meet Pimco's New Brain Trust, Complete With an Ex Prime Minister and Two Former Central Bank Chiefs

News summary by MFWire's editors

Doug Hodge has created a new Pimco [profile] brain trust full of ex-government bigwigs from around the globe. And the media is all over the news.

Douglas Hodge
Chief Executive Officer
Yesterday the Newport Beach, California-based Allianz subsidiary confirmed the creation of the five-person Pimco global advisory board. Former Fed chairman Ben Bernanke, who signed on with Pimco in April as a senior advisor, will lead the new board. The other four members are: Gordon Brown, former Prime Minister and former Chancellor of the Exchequer of the United Kingdom; Jean-Claude Tricher, former president of the European Central Bank; Ng Kok Song, former chief investment officer of the Government of Singapore Investment Corporation; and Anne-Marie Slaughter, former director of policy planning for the U.S. State Department. Dan Ivascyn, group CIO for Pimco, calls the new board "an unrivalled team of macroeconomic thinkers and former policymakers."

Ben Bernanke
Senior Adviser
A host of news outlets have picked up on the news. They include: the Associated Press; the BBC; Bloomberg; Business Insider; the Daily Mail; the Financial Times, twice; the Los Angeles Times; the New York Times; Reuters; and the Wall Street Journal

Edited by: Neil Anderson, Managing Editor

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