Former Deputy National Security Advisor Daleep Singh Joins PGIM
India-West News Desk
NEWARK, N.J. – PGIM Fixed Income announced that Daleep Singh will join the company as chief global economist and head of global macroeconomic research. With $890 billion in assets under management, PGIM Fixed Income is among the largest global fixed income managers.
Singh joins PGIM Fixed Income from the White House where he was Deputy National Security Advisor and Deputy Director of the National Economic Council. He served as President Biden’s top international economics advisor, driving policy formulation at the intersection of economics and national security. His work has included the development of fiscal and tax policy. Singh also served as the President’s representative at the G7, G20, and APEC.
Prior to joining the Biden administration, Singh was at the New York Fed where he led a team of nearly 600 employees overseeing the group’s full portfolio during the most intense phase of the pandemic. From 2011 to 2017, he worked at the U.S. Department of the Treasury.
Singh will report to Gregory Peters, co-Chief Investment Officer for PGIM Fixed Income.
“As one of the world’s leading experts on economic policy matters, Daleep has provided extensive experience and insight at the highest levels of government. Adding an expert of this caliber to our investment team is fundamental to helping our portfolio managers navigate the increasingly complex macroeconomic and geopolitical forces driving global financial markets,” Peters said. “His expertise will be instrumental in continuing to provide leading economic and sovereign research, as well as thought leadership. We look forward to the impact he’ll have on our organization and the investment outcomes for our clients.”