The Principal Financial Group has hired Tim Dunbar as new executive vice president and chief investment officer effective from 1 January 2014.
Additionally, Dunbar will continue in his current role as chief investment officer and retain oversight of the company’s capital markets group.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
In his new role, Dunbar will report to Larry Zimpleman, chairman, president and chief executive officer of The Principal.
However, Lou Flori, vice president of capital markets, and Dennis Menken, vice president and portfolio manager for the organization’s General Account will report to Dunbar.
Dunbar most recently served as chief investment officer in 2012 and as senior vice president of strategy and finance in 2011. Since joining The Principal in 1986, Dunbar has served various roles at the firm including managing director, executive director and head of equities.
Larry D. Zimpleman, chairman, president and chief executive officer of The Principal, said: "This promotion reflects Tim’s leadership of the company’s investment strategy as our global investment footprint expands. His over 27 years of experience in our asset management, international and capital markets operations also give him a great base from which to drive our continued success in mergers and acquisitions."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
