- Extensive portfolio management and trading expertise
- 29+ years with Prudential Financial, Inc.
Michael K. Lillard is Head of Fixed Income and Chief Investment Officer for PGIM Fixed Income, responsible for portfolio management and trading for all products and strategies across the firm. Previously, Lillard was Senior Investment Officer for Insurance Portfolios, Liability-Driven Investment Strategies, and Hedge Strategies at PGIM Fixed Income, and was Head of the Quantitative Research and Risk Management Group. Earlier, he was head of PGIM Fixed Income’s U.S. Liquidity Team, the group responsible for managing U.S. government and mortgage-backed securities, and also the portfolio manager for Core Fixed Income Strategies.
Lillard began his career with Prudential Financial, Inc. in 1987 in the Portfolio Management Group. He serves as a member of the United States Treasury Borrowing Advisory Committee.
He earned a Bachelor of Science degree and a Master of Science degree in Computer Science from the Massachusetts Institute of Technology (MIT) and a Master of Science degree in Management from the Sloan School at MIT. He holds the Chartered Financial Analyst® designation.