Reshuffle at Pimco Germany board

Pimco Germany has appointed Frank Witt as chairman of the board as of 1 September.

Pimco’s board now includes Witt and Andrew Bosomworth, managing director and head of the German portfolio management team. Ryan Blute will leave the board of Pimco Germany and move to London, he continues in his role as managing director Global Wealth Management for the EMEA region.

Witt has been with Pimco since 2002, having most recently worked as managing director in charge of Pimco’s business in Germany and Austria. Prior to that, he worked among others at Goldman Sachs and Deutsche Bank.

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