Pimco names Ki Myung Hong new managing director, head of Asia Pacific region

Pimco names new head of Asia Pacific region

NEW YORK — Pacific Investment Management Co. on Monday named Ki Myung (Kim) Hong as a managing director and head of its Asia Pacific region.

Pimco, one of the world’s largest bond managers and a unit of Germany Allianz SE, said Hong will have management oversight responsibility for the firm’s business in the region, including PIMCO’s Hong Kong, Singapore, Sydney and Tokyo offices.

Hong most recently was regional vice chairman and president of Asia Pacific with Bank of America Merrill Lynch based in Hong Kong. Previously, he worked for JPMorgan in Hong Kong, and spend 13-years with Bankers Trust.