7 July 2017

Principal Global Investors names new head of Asia

Published by Hubbis – 7th July 2017

Celestine Khoo is the new head of Asia (ex-Japan) for Principal Global Investors, a newly-created position at the firm.

The promotion from her current role of head of South-east Asia since 2015 will see her assume responsibility for the Hong Kong and Beijing offices of the firm.

Plus, she will remain responsible for the office in Singapore.

“As our client base, capabilities and activities across Asia continue to expand it has become necessary to provide additional management bandwidth to Principal’s North Asia strategy,” said Kirk West, executive director, head of international offices for the firm.

Added Khoo: “Asia is expected to grow by 6.5% per annum till 2022. The growing economic integration, the demographics and the infrastructure buildout bring tremendous opportunities and I am excited to work with my peers to drive the strategic direction of Principal forward in Asia.”