PineBridge CEO Steps Down

Mar 5 2012 | 3:17am ET

PineBridge Investments CEO Win Neuger has resigned from the firm's top job.

Neuger, a holdover from PineBridge's days as American International Group's asset management arm, will remain a vice chairman at the firm. He will focus on client relationship management and act as an adviser to PineBridge's investment committee.

David Jiang was named PineBridge's new CEO. He joins the firm from BNY Mellon Asset Management, where he was CEO for the Asia-Pacific region.

"David's appointment underscores our commitment to clients worldwide. He is a seasoned investment professional with an international perspective and a first-class track record," Mervyn Davis, chairman, said. "Under his direction, PineBridge clients will see the firm build upon its current franchise strengths across emerging and developed markets and become an industry leader."

PineBridge Investments manages $67.3 billion in assets across a platform of listed equity, fixed income, private equity and hedge fund strategies.

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