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Rich Clarida

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Richard Clarida

Former Global Strategic Advisor, 2006-2018

Prior to his appointment as Vice Chairman of the U.S. Federal Reserve in 2018, Dr. Clarida was PIMCO's global strategic advisor and a managing director. He joined PIMCO in 2006 and assessed and analyzed global monetary and fiscal policy trends to inform the firm’s investment process, and he also worked extensively with and served as a trusted adviser to the firm's many central bank and sovereign wealth fund clients. Prior to joining PIMCO, he gained extensive experience in Washington as assistant Treasury secretary, in academia as chairman of the economics department at Columbia University, and in the financial markets at Credit Suisse and Grossman Asset Management. He holds a Ph.D. in economics from Harvard University and received his undergraduate degree with Bronze Tablet Honors from the University of Illinois.