PGIM has appointed Matt Shafer as head of international distribution.
Based in London, Shafer will lead the firm’s growth plans in wholesale and retail markets outside of the US.
In the newly created role, he will focus on developing PGIM’s relationships with independent wealth managers, fund of funds, family offices and other distributors.
Shafer joins after a year at BNY Mellon, where he was head of European distribution. He previously served as head of international distribution at Natixis in an eight year stint at the investment manager.
Stuart Parker, PGIM president and chief executive, said: “Growing our international platform is a core focus for PGIM and we are delighted that Matt has joined us to lead our intermediary distribution strategy in Europe, Asia Pacific and Latin America.
“Matt’s wealth of experience and expertise in the asset management industry will be integral to our next stage of growth as we continue to invest in our international teams and expand our range of products and capabilities.”
See also: Kimberly LaPointe exits PGIM