Investment management giant Pacific Investment Management Co (PIMCO) has hired Emmanuel ‘Manny’ Roman, the CEO of the hedge fund Man Group plc (EMG.L).
According to Man Group, Roman will take the chief executive place on November 1, 2016, replacing Douglas Hodge.
The company also shared that Luke Ellis will succeed Roman as chief executive officer of Man Group.
Jonathan Sorrell will continue as president of the firm alongside his role as chief financial officer.