Global investment manager Pimco has appointed a new Head of Asia-Pacific to replace the incumbent who will relocate to New York and take up a wealth management role.

Kimberley Stafford, Managing Director and current Global Head of Pimco's Consultant Relations Group, has been named the new Head of Asia-Pacific. she will assume her responsibilities immediately and will relocate to Hong Kong mid-year.

In the new role Stafford will report to Pimco's Chief Executive Officer, Emmanuel Roman. She will replace Eric Mogelof, Managing Director, who is relocating to New York to head firm's U.S. Wealth Management business.

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Prior to her current position heading consultant relations globally, U.S. institutional sales and alternatives marketing groups, she was Global Head of Human Resources and Talent Management, Head of Global Sustainability Initiatives, a member of the Executive Office and an Account Manager in the Consultant Relations Group.

Stafford has also served on Pimco's Executive Committee, playing a key role in setting the firm's strategic direction.