SAOPAULO – Funding administration firm Principal Monetary Group Inc introduced on Monday it has tapped Robert van Dijk as its chief govt officer in Brazil because it seems to strengthen its footprint in Latin America’s largest economic system.
U.S.-based Principal has operated since 1999 in Brazil, the place it owns asset supervisor Claritas Investimentos and a stake in pension plan supplier Brasilprev, a three way partnership with state-run lender Banco do Brasil SA.
Earlier this yr, it employed former Brasilprev govt Nelson Katz as its chief working officer within the nation.
Principal’s chief govt, Dan Houston, stated in an announcement that the newly created Brazil CEO function would assist the corporate meet rising consumer demand for world funding merchandise whereas accelerating its plans to turn out to be a frontrunner in asset administration in Brazil.
“Van Dijk might be elementary within the growth and execution of a long-term progress technique within the nation,” stated the corporate, which additionally has operations in Mexico and Chile.
Van Dijk, who will report back to Latin America head Roberto Walker and Principal World Traders CEO Pat Halter, beforehand labored at personal lenders Banco Bradesco SA and Banco Votorantim, and had been working at wealth administration agency Hieron Household Workplace, the place he was a founding companion.
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