Riccardo Rebonato quits RBS for Pimco

Ex-head of front-office risk management and quantitative research will join Pimco on December 1 as head of rates and FX analytics

Riccardo Rebonato, head of front-office risk management and quantitative research at Royal Bank of Scotland (RBS) in London, has left the bank to join Pimco as executive vice-president and head of rates and foreign exchange analytics.

Rebonato has also relinquished his role as a director at the International Swaps and Derivatives Association, which he had held since 2002. He had been with RBS for more than 10 years, and prior to joining the bank was head of complex trading and derivatives