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Thomas Cheong
President of Asia at Principal Financial Group


Thomas Cheong, President of Asia, joined Principal Financial Group in January 2015.

Thomas has over 20 years of management experience in Asia, holding various senior management positions with P&L responsibilities.

As President of Asia, Thomas leads the development of Principal's retail pension and asset management businesses in China, Hong Kong and South East Asia, and manages key partnerships in the region.  He currently serves on the board of Principal's China joint venture and several of Principal companies' in Hong Kong. 

Thomas has worked and lived in China, Hong Kong, Malaysia, Singapore and Taiwan. His extensive experience in the asset management, pension and life insurance businesses included appointments as President of North Asia for Principal Financial Group, CEO and Executive Director of Manulife Asset Management (Taiwan), Country Head overseeing Manulife's joint venture asset management business in mainland China, Chief Executive Officer (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.

Acknowledged as a strategic and experienced business leader with a strong track record, Thomas’ achievements include starting up new companies, turning around unprofitable businesses and leading operations to scale. 

Thomas received his Bachelor of Science (First Class Honours) in Econometrics from the London School of Economics in the United Kingdom in 1990. 

In 2013, he obtained a Master of Business Administration from the Olin Business School of Washington University in St. Louis.  He was also awarded the William Emory Award for outstanding leadership, character and academic achievements.  Thomas currently sits on the regional advisory council (Hong Kong) for Washington University of St Louis.

Agenda Sessions

  • CEOs discuss: The future of fund distribution