Gordon Brown and Ben Bernanke appointed to PIMCO advisory board

Investment firm PIMCO has appointed Gordon Brown as one of five members of its new Global Advisory Board.

The new group is expected contribute their insights to the firm on global economic, political, and strategic developments and their relevance for financial markets.

The former prime minister will join former US Federal Reserve chairman Ben Bernanke, who will chair the board.

The other three seats at the table will be taken up by former chief investment officer of the Government of Singapore Investment Corporation Ng Kok Song, former director of policy planning for the US State Department Anne-Marie Slaughter, and former European Central Bank president Jean Claude Trichet.

PIMCO’s group chief investment officer Dan Ivascyn said the Global Advisory Board is an “unrivalled team of macroeconomic thinkers and former policymakers”, whose insights will be a valuable input to its investment process.

Bernanke said he is honoured to chair the board with people he holds “in the highest esteem”.

“We are all excited by the opportunity to provide PIMCO’s strong team of investment professionals with our collective view on how global economic, political, and strategic developments will affect markets and PIMCO’s clients.”