Change in Boardroom
| PRINCIPAL FTSE CHINA 50 ETF |
| Date of change | 01 Apr 2026 |
| Name | MR JOEL MICHAEL PITZ |
| Age | 54 |
| Gender | Male |
| Nationality | United States |
| Designation | Alternate Director |
| Directorate | Non Independent and Non Executive |
| Type of change | Appointment |
Qualifications
| No | Qualifications |
Major/Field of Study |
Institute/University |
Additional Information |
|
Degree
|
Bachelors in Accounting |
University of Iowa |
|
|
|
Professional Qualification
|
Chartered Public Accountant |
State of Iowa |
|
| Working experience and occupation | Joel Pitz is Executive Vice President and Chief Financial Officer of Principal Financial Group. He is responsible for overseeing the company's financial operations-including financial planning, reporting, and capital management-as well as corporate accounting, enterprise worksite, investor relations, procurement, tax, and treasury. Pitz joined the company in 1995 and most recently served as Interim Chief Financial Officer from August 2024 to May 2025. Prior to that, he was senior vice president and controller. He also served as vice president and chief financial officer for Principal International, where he was responsible for overseeing global finance and strategy for our emerging market operations across Asia and Latin America. Earlier in his career, Pitz also held the corporate role of assistant vice president and chief accounting officer. He currently serves on several boards, including Principal International Asia, Principal Global Investors Ireland, and the Greater Des Moines Partnership Economic Development Board. He earned his bachelor's degree in accounting from the University of Iowa and is licensed in the state of Iowa as a certified public accountant. |
| Directorships in public companies and listed issuers (if any) | Nil |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Any conflict of interests that he/she has with the listed issuer | No |
| Details of any interest in the securities of the listed issuer or its subsidiaries | N/A |
| Remarks : |
Change of shareholder's nominee representative pursuant to the notice of nomination received from the shareholder, Principal International (Asia) Limited. The Board has approved the change of nominee with effect from 1 April 2026 in accordance with the provisions of Company's Constitution. |
Announcement Info
| Company Name | PRINCIPAL FTSE CHINA 50 ETF |
| Stock Name | PAM-C50 |
| Date Announced | 01 Apr 2026 |
| Category | Change in Boardroom |
| Reference Number | C03-31032026-00002 |