Pimco has appointed Patrick Beuret as executive vice president and Pimco country manager for Switzerland.
He will take over the management of the Swiss customer care team and be responsible for the further development of strategic growth opportunities in the Swiss market in the various business areas.
Beuret will manage Zurich's Pimco office and report to Ryan Blute, managing director and head of EMEA Global Wealth Management, and Frank Witt, managing director and head of Pimco's business in Germany, Switzerland, Austria, Benelux and Scandinavia.
Frank Witt says: "Patrick Beuret has many years of experience and valuable expertise in various areas of the asset management industry and the Swiss market, which will be decisive for the further expansion of our broadly diversified and successful business with Swiss clients."
Beuret has more than 20 years of experience with leading Swiss and international investors, most recently as managing director and country manager Switzerland at JP Morgan Asset Management. Previously, he was a partner at Bellevue Asset Management and head of International Clients at Julius Baer.