Thomas Cheong

Thomas Cheong

Executive Vice President, President of Asia

Thomas Cheong is Executive Vice President of Principal Financial Group® and President of Asia, leading client-facing functions in Asia Pacific and the Middle East, and supporting growth through regional joint ventures and Principal Asia pension businesses. Cheong previously served in this regional leadership role for Principal International. He is a member of the Principal® senior management team and currently serves on the boards of several Principal subsidiaries.

Cheong joined Principal in January 2015 and has more than 20 years of management experience in Asia, holding various senior management positions with profit and loss responsibilities. His extensive experience in the asset management, pension, and life insurance businesses included appointments as president of North Asia for Principal International; CEO and executive director of Manulife Asset Management (Taiwan); country head overseeing Manulife's joint venture asset management business in mainland China; CEO of the Prudential UK's China and Malaysia asset management companies, and the director of corporate development in Prudential UK's Singapore life insurance business.

Cheong received his bachelor’s degree in econometrics, with first class honors, from the London School of Economics. He obtained an MBA from the Olin Business School of Washington University in St. Louis (WUSTL) and inducted to Beta Gamma Sigma Honorary Business School Society. Cheong is currently a member of WUSTL’s Alumni Board of Governors, as well as its regional advisory council (Hong Kong).