The Peak speaks to Luis Valdes, President and CEO of Principal International, one of the world’s largest asset management and investment companies, and Director of CIMB-Principal on their range of products in Malaysia and South-East Asia.
Tell us how you got started and walk us through your background in the asset and investment management industry.
As president and CEO of Principal International, I lead our global pension operations spanning 10 markets and serving 17 million individuals in emerging countries. I’ve been at Principal for more than 23 years, always working within our global operations. Prior to joining the company, I held several positions in public service in Chile, including Insurance Commissioner.
Following my tenure with the Chilean government, I was hired by a local consortium in the early 1990s to start a life insurance company. When looking for a joint venture partner for the consortium, I was introduced to Principal and worked with them to secure a joint venture arrangement. In 1998, I joined the company to run the Latin American operations as regional vice president, becoming president in 2010. In 2011, I assumed my current role as President and CEO for Principal International.
Was there one particular moment in your early years in the industry, a piece of advice you received for example, that has shaped the way you approach your work?
This story is from the June 2019 edition of The PEAK Malaysia.
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This story is from the June 2019 edition of The PEAK Malaysia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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