Pimco hires business development head for Germany and Austria

Pimco has named Frank Witt as head of business development for Germany and Austria, based in Munich. Witt replaces Dirk Klee, who became head of distribution channels for sister company Allianz Global Investors in February.

Witt has worked at Pimco for five years, after stints at Goldman Sachs and Deutsche Bank in investment banking and risk management roles.

In his new position he will focus on co-ordinating sales for Germany and Austria with the partner entities of Allianz Global Investors

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