Pimco’s London head becomes latest senior executive to leave
Joseph McDevitt, the Pimco managing director who leads its London office, become the latest senior executive to leave the firm. Bill Benz, Pimco’s head of Europe, the Middle East and Africa, will be taking on McDevitt’s responsibilities for the UK as well as for Benelux and Nordics.
Managing directors Charles Lahr and Marc Seidner, who served as interim head of equities, have also left Pimco so far this year.
Pimco was rocked at the start of the year by the sudden resignation of chief executive Mohamed El-Erian (pictured)
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