As the Executive Vice President and President for Asia Pacific and the Middle East at Principal Financial Group, Thomas Cheong plays a pivotal role in steering the company’s strategic initiatives across these dynamic regions. Since joining Principal in January 2015, he has been instrumental in...
As the Executive Vice President and President for Asia Pacific and the Middle East at Principal Financial Group, Thomas Cheong plays a pivotal role in steering the company’s strategic initiatives across these dynamic regions. Since joining Principal in January 2015, he has been instrumental in expanding the firm’s footprint in North Asia, particularly in Hong Kong and China, where rapid growth has been achieved under his leadership. Thomas's extensive expertise in financial services, particularly in wealth management and portfolio management, has enabled him to cultivate strong client relationships and drive significant joint ventures that enhance Principal's market presence.
In his current role, Thomas leads client-facing functions, focusing on delivering tailored financial solutions that meet the diverse needs of clients across Asia Pacific and the Middle East. His strategic vision is complemented by a robust understanding of mergers and acquisitions, which has been crucial in integrating new partnerships and optimizing operational efficiencies. Thomas's adeptness in managing budgets and strategic communications ensures that Principal not only meets its financial objectives but also strengthens its brand reputation in a competitive landscape.
Prior to his tenure at Principal, Thomas served as the CEO and Executive Director of Manulife Asset Management in Taiwan, where he honed his skills in banking and asset management. His comprehensive background in financial services, combined with his leadership acumen, positions him as a key influencer in the industry, driving innovation and growth while navigating the complexities of regional markets. Under his guidance, Principal Financial Group is well-poised to capitalize on emerging opportunities in the Asia Pacific and Middle East, reinforcing its commitment to delivering exceptional value to clients and stakeholders alike.
