Thomas Cheong, Non-Independent Non-Executive Director

Thomas Cheong is Executive Vice President of Principal Financial Group® and President of Principal Asia. He is responsible for leading the development of the retail pension, long-term savings and asset management business for Principal in Asia, while managing key partnerships in the region. He is a member of the Principal senior management team and currently serves on the boards of several Principal subsidiaries. 

Cheong joined Principal in January 2015 and has more than 20 years of management experience in Asia, holding various senior management positions with profit and loss responsibilities. His extensive experience in the asset management, pension, and life insurance businesses included appointments as president of North Asia for Principal International; CEO and executive director of Manulife Asset Management (Taiwan); country head overseeing Manulife's joint venture asset management business in mainland China; CEO of the Prudential UK's China and Malaysia asset management companies, and the director of corporate development in Prudential UK's Singapore life insurance business.

Cheong received his bachelor’s degree in econometrics, with first class honours, from the London School of Economics. He obtained an MBA from the Olin Business School of Washington University in St. Louis (WUSTL), and inducted to Beta Gamma Sigma Honorary Business School Society. Cheong is currently a member of WUSTL’s Alumni Board of Governors, as well as its regional advisory council (Hong Kong).