Principal Global Investors has appointed Paul Kim as managing director and head of exchange traded fund (ETF) strategy at Principal Financial Group (PFG).
Kim is based in Principal Global Investors’ Des Moines office and took up his new role on 2 March.
In this newly created role, Kim is responsible for the launch and growth of The Principal’s active ETF business. Kim will help shape and execute The Principal’s global ETF strategy, playing a key role in ETF product development, the building of operational and capital markets support, and the distribution and marketing of The Principal ETFs. Kim will also help develop relationships with ETF market makers, intermediaries, investors and service providers.
“We believe ETFs are a tremendous opportunity for growth for Principal Global Investors,” says Barb McKenzie, senior executive director and chief operating officer at Principal Global Investors. “ETFs will provide our clients with another point of access to Principal Global Investors’ industry-leading investment management expertise. We look forward to providing innovative ETF solutions and thought leadership for the increasing number of institutional and retail clients who prefer the ETF vehicle for their investment goals.”
Previously, Kim was a senior vice president and ETF product manager at PIMCO’s Newport Beach, Calif., office. Kim earned a Bachelor of Arts from Dartmouth College and an MBA from The Wharton School at University of Pennsylvania.