Principal Financial Group has completed the full share buy-back of PNB’s shares giving Principal full ownership of the Principal Pnb Asset Management Company Private Limited.
“We are excited to build on our commitment to helping Indians achieve their personal investment goals and increase their long term financial security by further investing in this important market,” said Pedro Borda, President of Principal Southeast Asia and India. “Punjab National Bank continues to be a valuable partner as a distributor through their vast branch network.”
