Principal Financial has new CEO in Mexico

Llaneza took over in April, replacing Alejandro Elizondo who became vice-president and CEO of Principal Financial International based in Iowa.

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Afore Principal has global investment mandates on back burner

The regulator is very active and is making an effort to get the system working correctly, said Ramón Pando, Afore Director in Principal Financial Group Mexico (photo). But that means taking the time to align its processes according to Consar dictates. Mandates will have to wait, he said.

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