Mr. Erdonmez will begin in June and report to Adrian Stewart, Executive Vice President and Head of PIMCO Australia and New Zealand.

In this new role, Mr. Erdonmez will be responsible for leading PIMCO Australia’s newly formed Investment Due Diligence Group (IDDG) which includes the servicing of all research house relationships.

IDDG is also responsible for developing and executing on product strategies that help clients achieve their long-term investment objectives.

“David is an important addition to the Australian senior leadership team and his addition underscores PIMCO’s commitment to the Australian marketplace,” said Mr. Stewart.

Mr. Stewart adds, “We are committed to our clients’ unique requirements and delivering innovative investment solutions to help achieve their long-term investment objectives. David’s expertise and solid experience will further strengthen our capabilities to serve our clients in Australia.”

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