Hazel McNeilage is joining Queensland Investment Corp. as head of funds management, effective Jan. 4.
Ms. McNeilage most recently has been global head of sales with Principal Global Investors, according to Investment & Technology newspaper.
Ms. McNeilage, who will oversee the A$65 billion (US$60.8 billion) manager's 10 internal “investment boutiques,” will report to CEO Doug McTaggart.
At Principal, George Jamgochian will become executive director-U.S. distribution and Kirk West will become executive director-international distribution, Susan Houser, director, media relations, wrote in an e-mail response to questions
Mr. Jamgochian will oversee consultant relations, relationship management and affiliate marketing in addition to his current responsibilities as managing director, U.S. institutional sales. Mr. West is currently managing director for Principal Global Investors, Asia ex-Japan, and CEO of PGI East Asia. In his new role, he will oversee distribution in Asia, Australia, Europe, Latin America and the Middle East. Principal is seeking a successor for Mr. West as head of PGI East Asia.
Michael Bailey is editor of Investment & Technology, Sydney.