America’s PGIM Investments, part of US insurer Prudential Financial, has established operations in Switzerland with the appointment of sales professional Pascal Weber to a newly created role as head of financial intermediaries.
Weber will be based in Zurich and tasked with developing PGIM’s relationships with global, regional, and local banks.
Previously at AllianceBernstein, Weber was responsible for intermediary sales in Switzerland and prior to this he worked at Credit Suisse as a relationship manager.
Last year, the US-based investment manager established a team based in Frankfurt to cover Germany and Austria. The team is headed by Thiemo Volholz, who Weber reports to.
PGIM launched its Ucits offering back in 2013 and as of March 31 this year, the firm overall had more than $1 trillion in assets under management.
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