EUROPE – Bond specialist PIMCO, part of Allianz, says it has hired Watson Wyatt investment consultant Henk-Jan van Zoelen.

He joins its London-based client services team to focus on the Netherlands – alongside two other new staff who will focus on the Nordic region and France and Switzerland: Michael Burns and Constance Rotival.

Van Zoelen becomes has been appointed vice president and account manager to service Dutch institutional clients.

Rotival was appointed vice president and account manager responsible for the “key markets” of Switzerland and France.

Until 2003 she was employed at Morgan Stanley Investment Management where she spent ten years, most recently as head of product management and executive director. She has also worked as senior financial analyst with the Federal Reserve Bank of New York.

Gaurav Shah replaced Rotival at Morgan Stanley.

Burns, a vice president and an account manager with PIMCO in Newport Beach, moves to London to focus on the Nordic region and “other key markets across Europe”. He joined the firm in 2002.

PIMCO has also promoted Linda Eedes to account manager to focus on Nordic institutions.

“As our business continues to develop in key European markets such as France, Switzerland, the Nordic region and the Netherlands, account managers of this calibre are crucial to guarantee our high service standards are maintained,” said David Young, head of account management.