(Repeats to additional subscribers)
FRANKFURT Jan 21 Allianz late on
Tuesday said Mohamed El-Erian, Chief Executive Officer at its
asset management unit Pacific Investment Management Company
(PIMCO), has resigned, but would stay on the Allianz
International Executive Committee.
El-Erian will leave PIMCO mid-March as part of a leadership
overhaul, Allianz said. He will also advise the Board of
Management of Allianz SE on global economic and policy issues,
the German insurer said.
(Reporting by Edward Taylor; Editing by Mike Collett-White)