Principal Global Investores names Monica Tang director of fund distribution for SEA

As part of regional business development thrusts.

Principal Global Investors announced the appointment of Monica Tang as Director, Fund Distribution for Southeast Asia, based in Singapore. Tang will report to Gaurav Kumar, Managing Director and Head of Fund Distribution for Southeast Asia and the Middle East of Principal Global Investors.

According to a release from Principal Global Investors, the appointment of Tang is one of the initiatives to further strengthen Principal Global Investors’ regional business development. Tang has more than 18 years of experience in financial services and asset management. She will be responsible for building and managing the fund distribution business in Southeast Asia. Tang will also be supporting Principal International in North Asia.

Before joining Principal Global Investors, Tang was Business Development Director for Managed Investments - Asia Pacific with BNY Mellon. In that capacity, she was responsible for driving business development for the company's new managed accounts offering in Asia, identifying and developing relationships with financial intermediaries and building the Wholesale sales team.

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Prior to BNY Mellon, Monica was Assistant Director at Eastspring Investments (formerly Prudential Asset Management), where she was in charge of developing the private banking channel in Asia. Before that, Monica also held business development roles with ING Investment Management and Aberdeen.

“We are delighted to have Monica joining us as we are confident that she will be a strong addition to our regional team,” said Gaurav Kumar, Managing Director and Head of Fund Distribution for Southeast Asia and the Middle East of Principal Global Investors. “As an industry veteran, her expertise is exactly what we need in expanding our fund distribution businesses further in the region.”

Kirk West, Chief Executive Asia for Principal Global Investors, said: “Fund distribution is a major focus for Principal Global Investors in 2016. Monica brings to us a wealth of experience to spearhead our growth in this area. We are excited about the opportunities that her appointment will bring.”

Monica earned an Executive MS degree in Finance from the Zicklin School of Business, City University of New York and a Bachelor of Commerce degree from the University of Calgary.