Based at the firm’s Dubai office, Kumar will be responsible for developing and strengthening Principal Global Investors’ relationships with key intermediaries, including IFAs, fund selectors and investment platforms across the region.
He will report to the firm’s chief executive for Asia and the Middle East, Andrea Muller and Wassim Nasrallah, managing director and head of the Middle East.
Prior to joining Principal Global Investors, Kumar was a partner at Al Masah Capital, a boutique alternative investment company focused on the MENA region, where he was responsible for the strategic expansion of the business.
He also spent more than ten years with the Prudential Group, during which time he worked as head of product and international business for Prudential ICICI, based in India, and head of portfolio management for Asia, based in Singapore.
Kumar’s career further covered a spell as chief executive officer and a member of the board of directors for Eastspring Investments Limited (formerly known as Prudential Asset Management) in Dubai, where he was responsible for setting up and managing Prudential’s funds activities across the Middle East.
Principal Global Investors, which manages $292.4bn in assets mainly for retirement plans and other institutional clients, is a member of the Principal Financial Group, with expertise in equities, fixed income and real estate investments, as well as specialised advisory services.
