He will be based in New York and report to chief economist Jan Hatzius, said the source, who declined to be identified because he was not authorized to speak about the matter.

Pandl was a senior economist at New York-based Goldman from March 2011 to August 2012.

Prior to that, he was an economist at Nomura Securities International and Lehman Brothers.

At Columbia Threadneedle in Minneapolis, he had been a portfolio manager and head of sovereign fixed income research.

A Goldman spokeswoman declined to comment.

(Reporting by Richard Leong; Editing by Jeffrey Benkoe)