Step 1

Cook pasta as directed on package, omitting salt.

Step 2

Meanwhile, heat oil in large nonstick skillet on medium heat. Add chicken; cook and stir 7 to 8 min. or until done. Add milk and cream cheese spread; cook and stir 3 min. or until cream cheese is completely melted and sauce is well blended. Add peppers, Parmesan and pesto sauce; mix well. Cook 3 min. or until heated through, stirring occasionally.

Step 3

Drain pasta. Add to cream cheese sauce; mix lightly.