Janet Yellen Joins Pimco’s Advisory Board as Bernanke Exits (1)

Former Treasury Secretary Janet Yellenis joining Pacific Investment Management Co.’s global advisory board, along with former Governor of the Reserve Bank of India Raghuram Rajan.

Former Federal Reserve Chair Ben Bernanke will leave his role as chair of the advisory board, with former UK Prime Minister Gordon Brown stepping into that role, the bond giant said Wednesday in a statement.

Janet Yellen

Photographer: Andrew Harrer/Bloomberg

Yellen, 78, was Treasury secretary during the Biden administration and Federal Reserve chair under Barack Obama. She had previously spent much of her career at the Fed and in academia, including at the University of ...