PIMCO is owned by Allianz S.E., a leading global diversified financial services provider. Paris, 5052 Boulevard Haussmann, 75009 Paris, France) are authorised and regulated by the German Federal Financial Supervisory Authority (BaFin) (Marie- Curie-Str. Today we have offices across the globe and professionals united by a single purpose: creating opportunities for investors in every environment. Ms. Shah was previously responsible for the firm's global Inclusion, Diversity and Culture initiatives. Copyright PIMCO 2023. Michael Reid Global Head of Corporate Communications New York 212.597.1301 michael.reid@pimco.com, Agnes Crane U.S. Corporate Communications New York 212.597.1054 agnes.crane@pimco.com, Laura Batty U.S. Corporate Communications Newport Beach 949.720.6374 laura.batty@pimco.com, Lisa Papas U.S. Corporate Communications Newport Beach +1.949.720.6751 lisa.papas@pimco.com, Louise Collins U.K. and EMEA Corporate Communications London +44.20.3640.1484 louise.collins@pimco.com, Donna Chan APAC Corporate Communications Hong Kong +852.3650.7752 donna.chan@pimco.com, Joy Sheetz U.S. Corporate Communications New York +1.646.870.2025 joy.sheetz@pimco.com. Newport Beach, California (April 26, 2018) - PIMCO, one of the world's premier fixed income investment managers, has hired Lewis Hagedorn as Executive Vice President and Portfolio Manager focused on agricultural commodities. PIMCO Europe Ltd (Company No. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. Mr. Power served on PRI's primary governance body from 2006 to 2018. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Bezoari will work closely with Chowdhury to transition responsibilities, before resuming her broader strategy responsibilities within Global Human Resources. Ms. Chowdhurys role will focus on driving the design and implementation of HR programs, policies and strategies to foster greater inclusion, representation and equity across the businesses globally. Mr. Stewart will begin in August and report to Eric Mogelof, Managing Director and Head of PIMCO Asia-Pacific. This communication is not a public offer and individual investors should not rely on this document. Chowdhury will also help build on current efforts to attract, develop, retain and engage top talent. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world. Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. Know Your Worth. You have not saved any content. Shah will lead advocacy on social issues, gender equality, philanthropy including hunger. She holds a Master of Public Administration from Harvard University, a Master of Business Administration from Northwestern University, Kellogg School of Management and a Bachelor of Business Administration from University of Texas. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Mr. Riendeau holds an MBA with honors from Columbia Business School and received his undergraduate degree in applied economics from Cornell University. Over the past year Marta Bezoari, Executive Vice President, Head of Strategy and Communications, Global Human Resources has helped lead and embed PIMCOs Global Inclusion and Diversity Strategy across the organization. Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Prior to that, Chowdhury was a Fixed Income Analyst at Lehman Brothers/ Barclays Capital. The services provided by PIMCO Europe GmbH are available only to professional clients as defined in Section 67 para. PIMCO Investments is the distributor of PIMCO investment products, and any PIMCO Content relating to those investment products is the sole responsibility of PIMCO Investments. In this important role, Ms. Chowdhury will champion, promote, and help deliver innovative solutions to promote a diverse workforce and foster an inclusive culture, celebrating diverse perspectives and experiences.In connection with this role, PIMCO will also be introducing the formation of a Managing Director I&D Advisory Council. Sabrin Chowdhury is Executive Vice President, Global Head of Inclusion and Diversity. Michael Reid Global Head of Corporate Communications New York +1.212.597.1301 michael.reid@pimco.com, Agnes Crane U.S. Corporate Communications New York +1.212.597.1054 agnes.crane@pimco.com, Laura Batty UK & EMEA Corporate Communications London +44.203.640.1237 laura.batty@pimco.com, Lisa Papas U.S. Corporate Communications Newport Beach +1.949.720.6751 lisa.papas@pimco.com, Laura Thomas UK & EMEA Corporate Communications London +44 203 640 1520 laura.thomas@uk.pimco.com, Joy Sheetz U.S. Corporate Communications New York +1.646.870.2025 joy.sheetz@pimco.com. Last year, PIMCO launched its global ESG platform to meet investor demand and to anticipate a changing investment landscape where both the public and private sector have pledged to actively pursue the U.N.s goals. Professional Bio. In the 50 years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Ms. Shah was previously responsible for the firm's global Inclusion, Diversity and Culture initiatives. 2023, PIMCO Europe Limited. Global offices throughout the Americas, Europe and Asia, Portfolio Managers with an average of 17 years of experience, Investment professionals who have been at PIMCO for 10 years or more. She will be instrumental in overseeing essential inclusion practices and critical metrics to measure progress in these areas. The Italian Branch, Irish Branch, UK Branch, Spanish Branch and French Branch are additionally supervised by: (1) Italian Branch: the Commissione Nazionale per le Societ e la Borsa (CONSOB) (Giovanni Battista Martini, 3 - 00198 Rome) in accordance with Article 27 of the Italian Consolidated Financial Act; (2) Irish Branch: the Central Bank of Ireland (New Wapping Street, North Wall Quay, Dublin 1 D01 F7X3) in accordance with Regulation 43 of the European Union (Markets in Financial Instruments) Regulations 2017, as amended; (3) UK Branch: the Financial Conduct Authority (FCA) (12 Endeavour Square, London E20 1JN); (4) Spanish Branch: the Comisin Nacional del Mercado de Valores (CNMV) (Edison, 4, 28006 Madrid) in accordance with obligations stipulated in articles 168 and 203 to 224, as well as obligations contained in Tile V, Section I of the Law on the Securities Market (LSM) and in articles 111, 114 and 117 of Royal Decree 217/2008, respectively and (5) French Branch:ACPR/Banque de France (4 Place de Budapest, CS 92459, 75436 Paris Cedex 09) in accordance with Art. PIMCO and PIMCO Investments is solely responsible for its content. The information on this website does not constitute an offer for products or services, or a solicitation of an offer to any persons outside of the Netherlands who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. November 02, 2021 Newport Beach, California (November 2, 2021) - PIMCO, one of the world's premier fixed income investment managers, has hired Sabrin Chowdhury as Executive Vice President, Global Head of Inclusion and Diversity. Ms. Chowdhurys role will focus on driving the design and implementation of HR programs, policies and strategies to foster greater inclusion, representation and equity across the businesses globally. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider. Pacific Investment Management Company LLC (PIMCO) is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). This group will aid in the oversight of the planning, design and implementation of the firms I&D agenda. No information contained herein should be regarded as a suggestion to engage in or refrain from any investment-related course of action as none of PIMCO nor any of its affiliates is undertaking to provide investment advice, act as an adviser to any plan or entity subject to the Employee Retirement Income Security Act of 1974, as amended, individual retirement account or individual retirement annuity, or give advice in a fiduciary capacity with respect to the materials presented herein. This is not an offer of securities to any person in any jurisdiction where it is unlawful or unauthorized. Further, such forward-looking statements speak only on the date at which such statements are made. Today we have offices across the globe and professionals united by a single purpose: creating opportunities for investors in every environment. Powers held senior positions at Ketchum and Levi Strauss and worked as a financial journalist for the San Francisco Chronicle. You have not saved any content. Chowdhury will also help build on current efforts to attract, develop, retain and engage top talent. Mr. Riendeau is an Executive Vice President and Head of Corporate Development at PIMCO. Executive Committee Craig A. Dawson Head of PIMCO Europe, Middle East and Africa View Profile Candice Stack Head of Client Management, Americas View Profile Christian Stracke December 21, 2016 NEWPORT BEACH, California (December 21, 2016 ) - PIMCO, a leading global investment management firm, has appointed Jeffrey Thompson, an Executive Vice President and Portfolio Manager, to join its commercial real estate team as the firm continues its expansion of its global alternatives investment platform. Prior to joining PIMCO, she was Associate Partner with McKinsey & Companys Organization Practice as well as Interim Director of Americas, Diversity & Inclusion. PIMCO. (March 19, 2013) PIMCO, a leading global investment management firm, has hired Laurent Luccioni as an Executive Vice President and Head of Commercial Real Estate Portfolio Management--Europe. Further, such forward-looking statements speak only on the date at which such statements are made. Experience PIMCO 9 years 7 months Executive Vice President, Account Manager Jan 2023 - Present2 months New York, New York Senior Vice President, Account Management Jan 2018 - Jan 20235. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Sustainable Finance Disclosures Regulation (SFDR). You have not saved any content. PIMCO provides services only to qualified institutions and investors. This group will aid in the oversight of the planning, design and implementation of the firms I&D agenda. Head of PIMCO Europe, Middle East and Africa, Portfolio Manager, Opportunistic and Alternative Strategies, Head of Business Management, EMEA and Asia-Pacific. Ms. Professional Bio. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider. Global offices throughout the Americas, Europe and Asia, Portfolio Managers with an average of 17 years of experience, Investment professionals who have been at PIMCO for 10 years or more. All Rights Reserved. All Rights Reserved. As executive vice president at PIMCO, David leads sales of equity strategies with institutional and consultant relationships in the Americas. 24-24a, 80335 Munich, Germany), PIMCO Europe GmbH Italian Branch (Company No. Readers should carefully consider such factors. Sabrin Chowdhury is Executive Vice President, Global Head of Inclusion and Diversity. View Sharad Bansal's email address: bxxxxl@pimco.com & phone: +1-909-xxx-xx93's profile as Managing Director at PIMCO, located in Newport Beach, California. Further, such forward-looking statements speak only on the date at which such statements are made. W2765338E, Paseo de la Castellana 43, Oficina 05-111, 28046 Madrid, Spain) and PIMCO Europe GmbH French Branch (Company No. The information on this website is for residents of the Middle East and Africa only. Executive Vice President, Portfolio Management at PIMCO (Newport Beach, California, United States) . This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. She holds a Master of Public Administration from Harvard University, a Master of Business Administration from Northwestern University, Kellogg School of Management and a Bachelor of Business Administration from University of Texas. November 02, 2021 Newport Beach, California (November 2, 2021) - PIMCO, one of the world's premier fixed income investment managers, has hired Sabrin Chowdhury as Executive Vice President, Global Head of Inclusion and Diversity. Prior to Apollo he spent over 10 years in investment banking focused on the financial services sector, most recently as an executive director in the financial institutions group at UBS. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. We believe the information provided here is reliable, but do not warrant its accuracy or completeness. Mr. Riendeau has spent more than 13 years in financial services and joins from Apollo where he was a member of the firms strategy team, assessing growth opportunities spanning alternative asset management and specialty finance. David Fisher will become Co-Head of U.S. GWM Strategic Accounts alongside Eric Sutherland In the last few days, PIMCO has announced numerous changes in its executive positions. In the 45+ years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Explore our site now and save your favorite products, insights, and/or documents. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider. 2604517, 11 Baker Street, London W1U 3AH, UK), PIMCO Europe GmbH Spanish Branch (N.I.F. He was also a co-founder of the Principles for Responsible Investment, directly supporting the Secretary-Generals development and launch of PRI in 2006. 2604517,11 Baker Street, London W1U 3AH, United Kingdom) is authorised and regulated by the Financial Conduct Authority (FCA) (12 Endeavour Square, London E20 1JN) in the UK. All rights reserved. She will work closely with a wide variety of stakeholders including the Executive Committee, MD I&D Advisory Council, Business Heads, Human Resource groups and Marketing and Communications, to govern PIMCOs I&D strategies. November 02, 2021 Newport Beach, California (November 2, 2021) - PIMCO, one of the world's premier fixed income investment managers, has hired Sabrin Chowdhury as Executive Vice President, Global Head of Inclusion and Diversity. W2765338E, Paseo de la Castellana 43, Oficina 05-111, 28046 Madrid, Spain) and PIMCO Europe GmbH French Branch (Company No. Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 35 of Directive 2014/65/EU on markets in financial instruments and under the surveillance of ACPR and AMF. This group will aid in the oversight of the planning, design and implementation of the firms I&D agenda. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider. July 11, 2018 Newport Beach, California (11 July, 2018) - PIMCO, one of the world's premier fixed income investment managers, has named Sapna Shah, an Executive Vice President based in Newport Beach, as Head of Corporate Responsibility. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. 2023, PIMCO. She oversees PIMCO's sovereign credit investing on the emerging markets (EM) portfolio management team and is responsible for ESG (environmental, social, and governance) integration across PIMCO's investment strategies. You have not saved any content. Mr. Riendeau will help identify and evaluate PIMCOs strategic growth opportunities. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. We are pleased that she will help us oversee essential Inclusion and Diversity practices which are an important part of our continued strategy to embed Inclusion and Diversity principles across PIMCO.We believe in a diverse workforce, where all employees can bring their authentic selves to work and know that they belong and are valued. Michael Reid Global Head of Corporate Communications New York +1.212.597.1301 michael.reid@pimco.com, Agnes Crane U.S. Corporate Communications New York +1.212.597.1054 agnes.crane@pimco.com, Laura Batty UK & EMEA Corporate Communications London +44.203.640.1237 laura.batty@pimco.com, Lisa Papas U.S. Corporate Communications Newport Beach +1.949.720.6751 lisa.papas@pimco.com, Laura Thomas UK & EMEA Corporate Communications London +44 203 640 1520 laura.thomas@uk.pimco.com, Joy Sheetz U.S. Corporate Communications New York +1.646.870.2025 joy.sheetz@pimco.com. Average PIMCO Executive Vice President yearly pay in the United States is approximately $304,959, which is 110% above the national average. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider. Sabrin Chowdhury is Executive Vice President, Global Head of Inclusion and Diversity. 192083, Seidlstr. He will report to Nic Johnson, Managing Director and Portfolio Manager focused on commodity, quantitative and multi-asset strategies. Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Chowdhury will be a strong addition to PIMCOs team, said Ms. Shanahan. She will be instrumental in overseeing essential inclusion practices and critical metrics to measure progress in these areas. She will work closely with a wide variety of stakeholders including the Executive Committee, MD I&D Advisory Council, Business Heads, Human Resource groups and Marketing and Communications, to govern PIMCOs I&D strategies. She will work closely with a wide variety of stakeholders including the Executive Committee, MD I&D Advisory Council, Business Heads, Human Resource groups and Marketing and Communications, to govern PIMCOs I&D strategies. Sabrin Chowdhury is Executive Vice President, Global Head of Inclusion and Diversity. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO is one of the worlds premier fixed income investment managers. Gavin Power is Executive Vice President and Chief, International Affairs and Sustainable Development. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. The estimated base pay is $218,023 per year. The platform consists of three main pillars to support meaningful social change PIMCO Gives (grant making), PIMCO Acts (volunteerism) and PIMCO Advocates (corporate policies, partnerships and thought leadership). Michael Reid Global Head of Corporate Communications New York +1.212.597.1301 michael.reid@pimco.com, Agnes Crane U.S. Corporate Communications New York +1.212.597.1054 agnes.crane@pimco.com, Laura Batty UK & EMEA Corporate Communications London +44.203.640.1237 laura.batty@pimco.com, Lisa Papas U.S. Corporate Communications Newport Beach +1.949.720.6751 lisa.papas@pimco.com, Laura Thomas UK & EMEA Corporate Communications London +44 203 640 1520 laura.thomas@uk.pimco.com, Joy Sheetz U.S. Corporate Communications New York +1.646.870.2025 joy.sheetz@pimco.com. The estimated total pay for a Executive Vice President, Global Portfolio Manager at PIMCO is $479,511 per year. . In the 45+ years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. New role will oversee corporate responsibility platform Purpose at PIMCOMs. She will be instrumental in overseeing essential inclusion practices and critical metrics to measure progress in these areas. Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Newport Beach, California (11 July, 2018) PIMCO, one of the worlds premier fixed income investment managers, has named Sapna Shah, an Executive Vice President based in Newport Beach, as Head of Corporate Responsibility. 2604517, 11 Baker Street, London W1U 3AH, UK), PIMCO Europe GmbH Spanish Branch (N.I.F. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. She will work closely with a wide variety of stakeholders including the Executive Committee, MD I&D Advisory Council, Business Heads, Human Resource groups and Marketing and Communications, to govern PIMCOs I&D strategies. The estimated base pay is $216,566 per year. In particular, his insights and experience in sustainable development will help fortify our ESG business and shape the innovation needed to help finance private and public sector efforts to meet the U.N.s sustainability development goals.. You have not saved any content. Today we have offices across the globe and professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world. Newport Beach, California (28 June, 2018) PIMCO, one of the worlds premier fixed income investment managers, has hired Colin Riendeau as Executive Vice President and Head of Corporate Development. Ms. Shah joined PIMCO in 2007 and in her most recent role as Inclusion, Diversity and Culture Officer, has driven PIMCOs global initiatives aimed at cultivating a diverse and inclusive workplace. The information on this web site is for Europe only. Check the background of this firm on FINRA's BrokerCheck. Ms. Chowdhury brings experience in talent strategy, organizational transformation and building inclusive and diverse workplaces. She will join PIMCO on November 8 and will be based in New York, reporting to Robin Shanahan, Managing Director and Co-Chief Operating Officer. The information provided herein is not directed at any investor or category of investors and is provided solely as general information about our products and services and to otherwise provide general investment education. The estimated base pay is $218,228 per year. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world. PIMCO Europe Limited DC Pension Plan (Chairs Statement), PIMCO Europe Limited DC Pension Plan (Statement of Investment Principles (SIP)), Sustainable Finance Disclosures Regulation (SFDR), PIMCO Europe Limited DC Pension Plan (Implementation Statement). All material contained on this website is purely for informational purposes only and is not intended as investment advice. None of the information on this page is directed at any investor or category of investors. The services provided by PIMCO Europe Ltd are not available to retail investors, who should not rely on this communication but contact their financial adviser. 909462, 57B Harcourt Street Dublin D02 F721, Ireland), PIMCO Europe GmbH UK Branch (Company No. Get started with your Free Employer Profile, average salary for an Executive Vice President is $198,282 per year in United States, The Ultimate Job Interview Preparation Guide. The information on this website does not constitute an offer for products or services, or a solicitation of an offer to any persons outside of the Middle East and Africa who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence. Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 2 German Securities Trading Act (WpHG). Prior to joining PIMCO, Mr. Power was the Deputy Executive Director of the United Nations Global Compact, the platform used to advance sustainability and responsible investment in more than 160 countries. Investment Products: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED. PIMCO and PIMCO Investments is solely responsible for its content. The fund will invest primarily in Preferred and Capital Securities, which may provide investors diversification, favorable tax treatment, and opportunity for attractive yields. Ms. Chowdhurys role will focus on driving the design and implementation of HR programs, policies and strategies to foster greater inclusion, representation and equity across the businesses globally. Brigadeiro Faria Lima 3477, Torre A, 5 andar So Paulo, Brazil 04538-133. 02 November 2021 Newport Beach, California (November 2, 2021) - PIMCO, one of the world's premier fixed income investment managers, has hired Sabrin Chowdhury as Executive Vice President, Global Head of Inclusion and Diversity. Joachim Fels, PIMCOs current Global Economic Advisor, is retiring after an almost four decade career, Sudi Mariappa named Global Head of Analytics, Josh Davis becomes Global Head of Risk Management, PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) provides exposure to senior loans, including bank and floating-rate loans, which may help investors diversify their fixed income allocations, Majority of consultants surveyed said tailored solutions are a top priority for the industry, Partnerships underscore PIMCOs commitment to gender and racial equality, Nic Johnson, Managing Director and Portfolio Manager, Commodity and Multi-Asset Strategies, will be retiring from PIMCO at the end of March, Encourages Black and Hispanic/Latinx students with an interest in investment management to pursue their goals through continued education, Ms. Chowdhury brings experience in talent strategy, organizational transformation and building inclusive and diverse workplaces, PIMCO myTDF will use Morningstar Investment Managements retirement platform to connect directly with recordkeepers, Load more results Load {{cCtrl.fetchResults}} more results, Michael Reid Global Head of Corporate Communications New York +1.212.597.1301 michael.reid@pimco.com, Agnes Crane U.S. Corporate Communications New York +1.212.597.1054 agnes.crane@pimco.com, Laura Batty UK & EMEA Corporate Communications London +44.203.640.1237 laura.batty@pimco.com, Lisa Papas U.S. Corporate Communications Newport Beach +1.949.720.6751 lisa.papas@pimco.com, Laura Thomas UK & EMEA Corporate Communications London +44 203 640 1520 laura.thomas@uk.pimco.com, Joy Sheetz U.S. Corporate Communications New York +1.646.870.2025 joy.sheetz@pimco.com. 918745621 R.C.S. In this important role, Ms. Chowdhury will champion, promote, and help deliver innovative solutions to promote a diverse workforce and foster an inclusive culture, celebrating diverse perspectives and experiences.In connection with this role, PIMCO will also be introducing the formation of a Managing Director I&D Advisory Council. Sapnas experience and drive will enable us to continue to make a sustainable social impact for many years to come..