- New role will oversee corporate responsibility platform “Purpose at PIMCO”
- Ms. Shah will lead advocacy on social issues, gender equality, philanthropy including hunger
NEWPORT BEACH, Calif., July 11, 2018 (GLOBE NEWSWIRE) — PIMCO, one of the world’s premier fixed income investment managers, has named Sapna Shah, an Executive Vice President based in Newport Beach, as Head of Corporate Responsibility. Ms. Shah was previously responsible for the firm’s global Inclusion, Diversity and Culture initiatives. She will report to Cathy Stahl, Managing Director and Global Head of Marketing, and work closely on a range of projects and initiatives with PIMCO’s Co-Chief Operating Officer Robin Shanahan and Chief Executive Officer Emmanuel Roman.
In this newly created role, Ms. Shah will drive the development and implementation of PIMCO’s corporate responsibility platform “Purpose at PIMCO”. The platform consists of three main pillars to support meaningful social change – PIMCO Gives (grant making), PIMCO Acts (volunteerism) and PIMCO Advocates (corporate policies, partnerships and thought leadership). Through the platform, she will lead a range of initiatives that support PIMCO’s corporate and social goals, including the firm’s focus on gender equality and hunger as well as corporate ESG policies and IDC efforts.
“Sapna is perfectly placed to lead our expanded efforts in driving positive social change, both within our firm and outside of it,” said Emmanuel Roman, PIMCO’s Chief Executive Officer. “Sapna’s experience spearheading PIMCO’s inclusion and diversity initiatives for the last two years positions her perfectly to continue to implement best practices and cultivate partnerships that will enable us to do even more.”
“We are committed to fostering an inclusive culture which includes partnering with non-profits and other organizations to make a real difference both inside PIMCO and in the communities where we live and work,” said Cathy Stahl, Managing Director and Global Head of Marketing. “Sapna’s experience and drive will enable us to continue to make a sustainable social impact for many years to come.”
Ms. Shah joined PIMCO in 2007 and in her most recent role as Inclusion, Diversity and Culture Officer, has driven PIMCO’s global initiatives aimed at cultivating a diverse and inclusive workplace. These have included building out PIMCO’s advocacy programs including PIMCO Pride, PIMCO Veterans and PIMCO Women as well as driving key initiatives such as PIMCO’s partnership with Girls Who Invest. Previous to this, Ms. Shah was a senior member of the U.S. institutional account management team where she spent nine years providing investment solutions to a range of institutional clients. She is also a member of the core leadership team for PIMCO’s global sustainability initiatives.
Ms. Shah is Executive Vice President and Head of Corporate Responsibility at PIMCO. Prior to this role, Ms. Shah was Inclusion, Diversity and Culture Officer at PIMCO, which she was named to in 2016, and before that was a senior member of the U.S. institutional account management team. Prior to joining PIMCO in 2007, she was with the equity research group of JPMorgan Asset Management as well as the finance department of SKS Microfinance. She has 15 years of investment experience and holds an MBA from the Wharton School of the University of Pennsylvania and an undergraduate degree from the University of Chicago.
PIMCO is one of the world’s premier fixed income investment managers. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 45+ years since, we have continued to bring innovation and expertise to our partnership with clients seeking the best investment solutions. Today we have offices across the globe and 2,150+ professionals united by a single purpose: creating opportunities for investors in every environment. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.
Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO’s sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.
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