PGIM Hires Economist Away From White House: Executives Changes
What You Need to Know
Equitable has a new head of corporate reputation and financial communications.
CNO added an investor relations and sustainability executive.
The Standard hired a stable value product sales chief.
PGIM Fixed Income has picked Daleep Singh to be its chief global economist and head of global macroeconomic research.
PGIM Fixed Income is part of Prudential Financial’s PGIM asset management unit. It ended the first quarter with $890 billion in assets under management.
Singh previously worked in the White House as U.S. deputy national security advisor for international economics and deputy director of the National Economic Council.
As the top international economics advisor, he represented President Joe Biden at the meetings of major international economic organizations, such as the G-7 group of countries, the G-20 group of countries and the Asia-Pacific Economic Cooperation economic forum.
Singh began his career as a management consultant at McKinsey & Co. and Diamond Technology Partners.
He later was a vice president in the U.S. fixed-income department at Goldman Sachs, and then the chief operating officer at Element Capital Feeder Fund
After returning to Goldman Sachs for three years, he spent six years at the U.S. Treasury Department; did a stint as the chief economist at SPX Capital, an alternative asset manager; and ran the Federal Reserve Bank of New York’s markets group before heading into the White House.
He helped the New York Fed develop its response to the COVID-19 pandemic, and he helped the Biden administration design the economic sanctions that the United States imposed on Russia after Russia invaded Ukraine.
He has a bachelor’s degree from Duke, a master’s degree in business from MIT, and a master’s degree in public administration from Harvard.
Equitable
Equitable Holdings — the New York-based parent of Equitable Life and AllianceBernstein — has hired Sophia Kim to be head of corporate reputation and financial communications.
Kim previously was director of communications and press secretary at the New York State Department of Financial Services.
Kim started out working in the press office at the U.S. Small Business Administration.
She then served for two years as deputy press secretary at the New York City Fire Department, followed by director of public affairs at SKDKickerbocker, a political consulting firm.
