The Chinese Association of Iowa presented the Principal Financial Group ® with the International Business Leadership Award on Monday. The Principal ® was recognized for its vision, ambition, and leadership within the global marketplace.
The Chinese Consul General, Weiping Zhao, presents the International Business Leadership Award to Larry Zimpleman, CEO of the Principal Financial Group. (Photo credit: Joesten Zhou)“The Principal Financial Group is known globally as an investment management and retirement thought leader,” said Swallow Yan, executive director of the Chinese Association of Iowa. “The Principal has made tremendous efforts to develop relationships with countries around the world, and they have helped create business opportunities in the state of Iowa. We are proud to recognize them as a true leader of international business in our state.” The award was presented by the Chinese Consul General, Weiping Zhao, at the Chinese Association of Iowa’s 25 Years of Contributions awards ceremony. The celebration marks the 25th anniversary of the association being established in Iowa, and Yan said he hopes it inspires the younger generation to continue developing partnerships across the world. Larry Zimpleman, chairman, president and chief executive officer of the Principal accepted the award on behalf of the company, saying, “We are honored to be recognized as a leader in international business, and we look forward to continue building relationships throughout Asia, Latin America and Europe.” About Chinese Association of IowaThe Chinese Association of Iowa, founded in 1987 in Des Moines, is a community-based, member-focused, and non-profit organization that represents the business, economic and community development of Iowa's young, strong and influential Chinese American community. It aims to promote cultural diversity and enrichment in the local community. On Feb. 25, 2013, the Chinese Association of Iowa hosted the 25th Anniversary Reception, Dinner and the 25-Year Contribution Awards Ceremony to celebrate a quarter century of providing cultural exchanges, educational opportunities, business development, and community services, the Chinese Consul General Weiping Zhao from Chicago was the keynote speaker at the event. For more information, please visit www.iowachinese.org. About the Principal Financial GroupThe Principal Financial Group ® (The Principal ®) 1 is a global investment management leader offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Founded in 1879 and a member of the FORTUNE 500 ®, the Principal Financial Group has $403.0 billion in assets under management 2 and serves some 18.3 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com, or connect with us on Twitter at http://twitter.com/ThePrincipal. 1 “The Principal Financial Group” and “The Principal” are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group. 2 As of Dec. 31, 2012