Principal Financial shuffles regional COO

All-Reddy gone: Chris Reddy has just departed after a decade in Asia.

Christopher Reddy has just packed his bags for the wintry plains of Des Moines, Iowa. The 10-year Asia veteran is returning to the United States with Principal Financial Group to head up the domestic defined benefit business.

For those of you that know me well, you may be surprised to hear that my next posting will be in our corporate headquarters in Des Moines, he wrote in a farewell letter. Surprising indeed, given Reddy's love for the Asia region. He made the most of his opportunities here, stretching a normal three-to-five year expatriate tour of duty to a decade, says his Hong Kong boss, Rex Auyeung, managing director and CEO for Asia. It was time...

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