Mr Stewart is the executive vice-president and current head of PIMCO Australia and New Zealand. He will relocate to Hong Kong for the new role.
“In this role, Mr Stewart will oversee the client managing function for Asia ex‐Japan and Australia, leading the account management teams in these markets to continue to deliver on our objective of providing industry‐leading client service and experience,” said Kimberley Stafford, managing director and head of APAC.
“Among his many business priorities, he will deepen penetration across the firm’s product suite including alternatives, Asia credit and ESG and, drive innovation across new vehicles to meet the growing diverse needs of investors in the region.”
Mr Stewart has 27 years of investment and financial services experience. Prior to joining PIMCO, he was the head of wholesale distribution, marketing, and product management at Macquarie.
Rob Mead, managing director and co-head of APAC portfolio management, will head PIMCO’s Australia office.