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Leadership: Board of Directors

Mr. Venkata Surya Bharat Ravuri, Managing Director

Mr. Bharat is a seasoned leader with experience in Capital markets, Retirement and Banking products with a strong understanding of Indian Fintech landscape. In 2017, he founded MintZip as India’s first FinTech horizontal focused on easing financial decision making for customers. In his last corporate role, he was Managing Director and Global Business Head at IHS Markit, a leading information services provider in financial services, energy, transportation and defense. Earlier, he has worked with Fidelity Investments and Citibank in senior management roles. Currently, he is associated with Principal Retirement Advisors Private Limited as a Managing Director since September 2019.

Mr. Bharat graduated from Andhra University in 1997 and completed his MBA in 2002 from Indian School of Business.


Mr. Pedro Borda, Director

Pedro Borda has been associated with Principal Financial Group as well as CIMB Principal Asset Management Berhad in the position of Country Head and CEO respectively.

He is currently working with Principal International South Asia Sdn Bhd as Vice President, South Asia and India.

He holds a Bachelor's degree in Administration and a Master's degree in Finance from Universidad Argentina de la Empress, Buenos Aires, Argentina.


Ms. Jane Conway, Director

Ms. Jane Conway is a B.A. Graduate (Arts) - Spanish & International Studies. She has more than 30 years of financial services experience in a variety of marketing, operations, and risk roles, most recently serving as vice president of operational risk management for Freedom Mortgage Corporation in West Des Moines, Iowa. Her prior experience includes 19 years with Principal Life Insurance, Principal Residential Mortgage, and Principal International. Four of Jane’s years with Principal were spent on expat assignment in Santiago, Chile, where she led the marketing and customer service functions.


Ms. Renee Schaaf, Director

Schaaf joined Principal Financial Group in 1980 as a Management trainee. She held various management positions in the Group Insurance business and Retirement & Investor Services before being named Senior Vice President and Chief Operating Officer–Principal International. She is appointed as a Director at Principal Retirement Advisors Private Limited.

An Iowa native, Schaaf earned her bachelor's degree from Iowa State University and her master's degree from Drake University.


Mr. David Ashton, Director

Mr. David Ashton is holding Bachelor’s degree in Management Information Systems and a minor in Computer Science from the University of Iowa, U.S.A. He is a Fellow member of the Life Management Institute (FLMI) and an Associate, Customer Service (ACS). He joined Principal as an intern in 1991 and joined the company full time in 1992. In 2014, he was named as Chief Information Officer for Principal Funds and Chief Information Officer for Principal Bank. He was also a vice president of information technology with The Principal Financial Group.


Mr. Patrick Halter, Director

Pat is the Chief Executive Officer for Principal Real Estate Investors, the dedicated real estate unit of Principal Global Investors. As head of real estate, he is responsible for overall global real estate strategy, new business development, and business management, including oversight of staff professionals located in the United States, Europe, Asia, and Australia.

As a veteran in commercial real estate, Pat’s expertise includes product and fund design, new business development, portfolio strategy and investment management. Pat chairs the board of Principal Real Estate Investors and is a Senior Executive Director of Principal Global Investors. Pat joined the firm in 1984 and has held various positions within the real estate group. Pat is past Chairman of the Board of the National Association of Real Estate Investment Managers (NAREIM). He is a member of the Real Estate Roundtable and serves on the REPAC Steering Committee. Pat is also a member of the Pension and Real Estate Association (PREA), the Association of Foreign Investors in Real Estate (AFIRE), and serves on the Board of the Graaskamp Center for Real Estate at the University of Wisconsin.


Mr. Kim Thean Soo, Director

Kim Thean Soo is Chief Operating Officer, Principal International (South Asia) Sdn Bhd.

Currently, he is responsible for working with the President – Regional Head, South East Asia and India in the areas of finance, business strategy (including digital business) and management of the regional entities (ASEAN and India). Part of this role is to drive strategic merger and acquisition initiatives, developmental work to expand the business distributions and improved efficiencies. He is also responsible for working closely with the Principal Financial Group globally to share expertise and knowledge on pensions and long term savings to emerging markets focused in South Asia and India.

In his career spanning 25 years, he has held various responsibilities in from compliance to finance but focused in the unit trust and asset management businesses with regional oversight where CIMB Principal Asset Management Berhad Group has presences. His last position at CIMB-Principal was Director Finance - ASEAN Region.

Mr. Kim Thean Soo, serves on the boards of Principal Pnb Asset Management Company Pvt Ltd as alternate director and is a Fellow Member of the Chartered Association of Certified Accountants (ACCA) since 1993.


Mr. Ritesh Jain, Director

Mr. Ritesh Jain is appointed as a Director at Principal Retirement Advisors Private Limited. He has been associated with Principal group for over fourteen years and is currently designated the Group CFO, India. During this time, he has been responsible for various functions covering Financial Planning & Accounting, Investments (Surplus Capital), Banking & Custody, Fund Accounting and Office/Facilities Administration.

Prior to joining Principal, he worked with Morgan Stanley India, as Financial Controller and Business Unit Controller of Morgan Stanley Asset Management Company (an AMC) and Morgan Stanley Trust Company (Custodian), and later as Treasurer of Morgan Stanley India Securities (Institutional Equity Broking business) and gained extensive experience in the areas of finance, accounting, treasury, borrowing, bank relations, tax, audit and regulatory compliance.

He is member of The Institute of Chartered Accountants of India.


Mr. Sudhinchandra Padhye, Director

Mr. Sudhinchandra Padhye holds a Bachelor of Commerce degree and is member of The Institute of Chartered Accountants of India and The Institute of Cost Accountants of India and he is also qualified as Certified Information Systems Auditor (CISA).

He has over 30 years of experience in the fields of Operations, Finance, Accounts, Audit and Administration. In his previous roles, he worked as Head - Operations with BNP Paribas Equities, Peregrine Capital and Apple Industries. Mr. Padhye also handled the Finance and Accounts function at Goodlass Nerolac Paints in a Managerial capacity.

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