Kamal Bhatia is president and chief executive officer for Principal Asset Management, the global investment management business of Principal Financial Group. Bhatia is responsible for strategy, investment performance, and client growth for the global investment unit and the total company's $712 billion (as of December 31, 2024) of assets under management (AUM), including the general account. Bhatia continues to serve as president of Principal Funds and chairman of Principal Funds Board at Principal Asset Management. Bhatia previously served as senior executive managing director and global head of investments for Principal Asset Management. Prior to joining Principal, Bhatia was CEO at OC Private Capital, a joint venture company between OppenheimerFunds and the Carlyle Group, where he focused on private credit investing. He is an industry veteran bringing significant experience in investment solutions, business strategy, client engagement, and product development across multiple global asset managers. Bhatia has worked at OppenheimerFunds, TIAA, Mellon Asset Management, and Citigroup in various leadership roles. He is a CFA® charter holder and earned his bachelor's from IIT, Kanpur (India) and master's from Washington University in St. Louis. Bhatia serves on the Investment Company Institute Board of Governors as well as additional boards in the U.S., Latin America, and Europe.