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The Principal Financial Group Names Cheong Vice President of North Asia for Principal InternationalThe Principal Financial Group® today announced Thomas Cheong will join the organization in a new role as vice president of North Asia for Principal International. Cheong will oversee Principal International operations and relationships in mainland China and Hong Kong, and will work closely with Principal Global Investors Asia business partners and joint venture partners in the region. Cheong will report to Rex Auyeung, president, Principal International (Asia), and will begin in early January. "As we extend our franchise of long-term savings and asset management capabilities in the region, it is critical to also broaden our management team in Asia," said Luis E. Valdes, president of Principal International. "We are excited about Thomas joining The Principal and bringing his extensive knowledge in the Asian financial services industry to the organization." Before joining The Principal, Cheong was CEO and executive director of Manulife Asset Management in Taiwan. He also worked as a vice president at China Asset Management in Shanghai, and CEO for Prudential Funds Management in Malaysia. Cheong has a bachelor's degree in economics fro the London School of Economics and an MBA from Washington University - Fudan University Executive MBA Program. For more research, analysis and insights from The Principal®, visit The Principal Knowledge Center and connect with us on Twitter.
About the Principal Financial Group
1 "The Principal Financial Group" and "The Principal" are
registered service marks of Principal Financial Services, Inc., a member
of the Principal Financial Group.
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