Senior moves at Principal Global Investors will introduce new leadership to the business in Asia. The group is headquartered in Des Moines, Iowa, where the person responsible for overseeing the firm's global affiliate and joint-venture relations, Barbara McKenzie, was promoted to COO. Hazel McNeilage will fill McKenzie's shoes. McNeilage is currently managing director for East Asia in Singapore, and she will be relocating to New York to run Principal's Asian and Latin American relationships.
It's a large role that can't be done effectively from Singapore, she says, noting the long flight times to Latin America from this region. It's a lot easier to get there from...