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Principal Investment Management

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Principal appoints new Chief Investment Officer

18/02/10

Stephen Jones, CIO - Principal Investment Management Ltd

Principal Investment Management, the private client investment management specialist, announced today the appointment of Stephen Jones as its new Chief Investment Officer.

Stephen is a highly experienced investment professional and will join Principal in mid-April after a 15 year career with Gartmore Investment Management where he was Head of European Equities and previously served as a board director. Prior to joining Gartmore, Stephen worked for the Prudential Group, including seven years as a fund manager.

Hugh Titcomb, Principal’s CEO, comments: "Stephen has tremendous investment and operational experience and I am delighted he will be joining Principal. We have very exciting plans to develop and grow the business and Stephen is a valuable addition to Principal’s leadership team."

Stephen Jones added: "Principal has a strong reputation for industry leading client service and a clear vision for the future. I am thrilled to be joining Principal at this stage of its development and very much look forward to working with Hugh and the Principal team."

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