Based in the firm’s Newport Beach office, Mattu will oversee portfolio management analytics as well as client-facing analytics globally, reporting to Mohamed El-Erian, Pimco’s CEO and co-CIO.

Mattu has 28 years of investment experience and most recently was head of research and strategy for Citadel Securities. He previously served as chief fixed income strategist at Citadel. Prior to this, Mattu has held number of senior positions during a 17-year career at Lehman Brothers, including global head of equities and fixed income research, head of quantitative fixed income research, and head of securitized product research.

El-Erian said having a world-class integrated analytics framework has been key to Pimco’s success, and remains so.

"Ravi’s expertise, experience and leadership skills will enable us to enhance further our capabilities in this important area," El-Erian said.

Pimco also manages investments for a wide range of clients, including public and private pension and retirement plans and others assets on behalf of the people from all walks of life globally.