Principal's new Asia COO eyes China growth
Principal Global Investors names its first regional COO, as it seeks to tap asset-management opportunities in Chinese securities.
Principal Global Investors’ new chief operating officer for Asia says his role was created to help the US firm achieve its aim of becoming a leader in China-linked investment products.
Frederick Laydon moved to Hong Kong earlier this year after over three years in Beijing as a special advisor to CCB Principal Asset Management, a joint venture between parent Principal Financial Group and China Construction Bank. He has been with Principal GI for 18 years in different capacities.
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