Principal sales turnover in Singapore

Ian Simmonds is headed to the USA; Hazel McNeilage will run Asian ops; the search for a regional sales director is on.

Ian Simmonds, regional managing director at Principal Global Investors in Singapore, is leaving the firm to get his MBA at the Wharton School of the University of Pennsylvania in Philadelphia. Today Friday is his last day with the firm after three years in the role. He has served a total of eight years at PGI, initially in his native Australia with BT Funds Management in Sydney.

Simmonds's tenure witnessed rapid growth for his role, which initially was simply to run business development for Singapore. In quick succession he was then given responsibility for Hong Kong, became involved in the pensions business as well, and joined the board of directors of PGI's...

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