PIMCO has appointed managing director Kimberley Stafford as global head of its product strategy group. Stafford, who is currently head of Asia-Pacific, will return to PIMCO’s Newport Beach office in the middle of this year to take up the new role, overseeing traditional strategies and alternatives, which include the company’s private strategies and hedge funds.

Managing director Alec Kersman will become PIMCO’s new head of Asia-Pacific. Kersman is currently head of strategic accounts for US global wealth management. Both Stafford and Kersman will report to chief executive officer Emmanuel Roman.

The firm also announced other key leadership roles: David Fisher, managing director and currently head of traditional product strategies, will become co-head of US GWM strategic accounts alongside Eric Sutherland, managing director and president of PIMCO Investments.

Fisher, who has spent 13 years as a leader in the product strategy group and also serves as a trustee of PIMCO closed end funds, will relocate to the New York office. He and Sutherland will report to Gregory Hall, managing director and head of US GWM.

Ryan Korinke, managing director and head of hedge fund and quantitative strategies, based in Hong Kong, will join PIMCO’s executive office in Newport Beach. He will report to Roman.

Stafford has been a member of PIMCO’s executive committee for five years and will also serve as a trustee on the board of PIMCO Funds, alongside Peter Strelow, managing director, co-chief operating officer and chairman of PIMCO Funds.

Stafford has led PIMCO’s Asia-Pacific region since 2017. During her 21 years at PIMCO, she has held various positions including head of the consultant relations group, oversight of US institutional sales and alternatives marketing teams, head of human resources and talent management, and head of global sustainability Initiatives and account manager in the consultant relations group.