Press release

Principal® Announces Financial Services Leader Pablo Sprenger to Head Latin America

DES MOINES, Iowa--(BUSINESS WIRE)-- Principal Financial Group® today announced Pablo Sprenger will join the company as executive vice president and president

articlePrincipal Financial Group IncNovember 1, 20235/company/principal-financial-group-inc/news/principalr-announces-financial-services-leader-pablo-sprenger-to-head-latin-america
Principal® Announces Financial Services Leader Pablo Sprenger to Head Latin America

About this update from Principal Financial Group Inc

[{"type":"text","content":" DES MOINES, Iowa--(BUSINESS WIRE)--\nPrincipal Financial Group® today announced Pablo Sprenger will join the company as executive vice president and president of Principal Latin America, effective Nov. 8. In this role, Sprenger will lead teams across three markets – Chile, Brazil, and Mexico – overseeing all aspects of the company's pension and asset management operations, sales and distribution, and growth strategies within the region. Sprenger will report to Pat Halter, president of Principal Asset ManagementSM.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231101715436/en/Pablo Sprenger, Principal Financial Group (Photo: Business Wire)\nSprenger joins Principal with over 20 years of industry experience, most recently as chief executive officer of SURA Investments. He has held various leadership roles across the region supporting pension, wealth, and asset management across multiple markets. Sprenger will be based in the Principal offices in Santiago, Chile.\n\n\n“Latin America continues to be an important region for Principal with continued potential to expand our asset management and retirement capabilities across our markets,” said Halter. “Pablo brings deep knowledge of the countries we’re in and the industries and customer segments we serve. His leadership will be critical in driving growth across Latin America and strengthening our relationships in the region with important partners, including joint venture partner Banco do Brasil.”\n\n\nAs part of this transition, Sprenger will work closely with Luis Valdés, executive chairman of Principal Latin America and former president of Principal International, who has led the region on an interim basis since the retirement of Roberto Walker earlier this year.\n\n\n“As I embark on this exciting journey to lead Latin America for Principal, I am fueled by a vision of growth, a commitment to excellence, and the further evolution of the firm’s culture known for its collaboration, innovation, and client service,” said Sprenger. “Together, we’ll continue to offer a world-class experience that is distinctive to Principal — one that combines local insights and global perspectives, which help us identify the most compelling opportunities for our clients.”\n\n\nAbout Pablo Sprenger\n\n\nSprenger comes to Principal with more...

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