Bloomberg View hires El-Erian as daily columnist

Bloomberg View announced Monday that Mohamed A. El-Erian is joining the opinion and analysis site as a daily columnist covering economic developments, policy and financial markets.

“Mohamed is one of the world’s most highly-regarded financial and economic observers — and he’s also a wonderful writer,” said David Shipley, the senior executive editor of Bloomberg View, in a statement. “We’re thrilled that he’s going to be sharing his insights with our readers on a daily basis.”

El-Erian’s first Bloomberg View column, The Dangers of Policy Drift, appears today and concludes that the annual spring meetings of the International Monetary Fund and the World Bank were unsurprisingly a “wasted opportunity” considering that “the global economy desperately needs better steering.”

El-Erian is chief economic advisor at Allianz SE and the author of “When Markets Collide,” a bestseller that won the 2008 Financial Times/Goldman Sachs Business Book of the Year.

He is chairman of President Obama’s Global Development Council, a Financial Times contributing editor, and the former CEO and co-CIO of PIMCO. He holds a master’s degree and doctorate in economics from Oxford University, having completed his undergraduate degree at Cambridge University.