Pacific Investment Management Co. has recently appointed Giorgio Cocini, the former co-head of Bank of America Corp.’s global financial institutions group, to enhance its presence in continental Europe. Cocini, who spent over a decade at Bank of America, will take on the role of managing director at Pimco, focusing on leading the firm’s operations in Italy, Iberia, and France. The decision to hire Cocini comes at a time when Pimco is seeking to expand its footprint in key European markets. According to informed sources, Cocini’s appointment signifies Pimco’s dedication to growing its business across the region.
In his new position, Cocini will be based in London and is anticipated to assume his responsibilities in June. It has been disclosed that his primary objective will be to lead Pimco’s efforts to enhance its presence and strengthen its partnerships in Italy, Iberia, and France. This move is aligned with Pimco’s overarching strategy for development in Europe, as the firm continues to seek opportunities to establish a more substantial foothold in these key markets.
The addition of Cocini to Pimco’s team represents a significant strategic move for the firm, as it aims to leverage his extensive experience and expertise in the financial sector. His background and accomplishments during his tenure at Bank of America position him as a valuable asset in driving Pimco’s growth and influence across Europe.
Joining Pimco, a premier investment management company, marks an exciting new chapter in Cocini’s career. His appointment underscores Pimco’s dedication to attracting top talent and fostering leadership that is essential for achieving its business objectives.
As Cocini prepares to take on his new role, his arrival is expected to bring a fresh perspective and strategic direction that will contribute to Pimco’s continued success in the European markets. His expertise and insights are anticipated to play a pivotal role in driving the firm’s growth and cementing its reputation as a leader in the investment management industry.
The move by Pimco to recruit Cocini from Bank of America highlights the company’s proactive approach to expanding its operations and strengthening its foothold in Europe. With Cocini at the helm, Pimco is well-positioned to make significant strides in achieving its growth objectives, indicating a promising future for the firm’s European operations.