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 7 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.”