Principal Global Investors has appointed of Madelyn Antoncic (pictured) as Executive Director, Institutional Investment Solutions.
Antoncic will be a member of the Operating Committee and will report to Jim McCaughan, Chief Executive Officer for Principal Global Investors. She will be based in New York.
Antoncic will be responsible for strengthening Principal Global Investors’ relationships with sovereign wealth funds, government pension funds, central banks, insurance companies, and endowments around the world. She will also serve as a key conduit for developing asset solutions for the investment challenges of sovereign clients.
“We are pleased to welcome Madelyn to the team,” says McCaughan. “Her experience will be instrumental in helping us deliver the breadth of solutions our multi-boutique platform offers to institutional clients around the world.”
Antoncic has over 25 years of economic and financial experience and comes to Principal Global Investors from the World Bank where until stepping down in July she was Vice President and Treasurer overseeing USD140 billion in assets under management including assets of official sector institutions, comprising central banks, pension funds, sovereign wealth funds and other international financial institutions, as well as of the World Banks Group’s USD22 billion pensions. She also oversaw the World Bank’s USD135 billion derivatives portfolio; its funding program; its capital management; and several businesses including engaging with client countries on central bank reserves management, debt management strategies, banking and risk management solutions.
This experience provides a deep background in sovereign institutions financial issues. Antoncic began her career at The Federal Reserve Bank of New York and was with Goldman Sachs & Co., Barclays Capital, and Lehman Brothers. Antoncic holds a Ph.D. in Economics with a minor in Finance from New York University’s Stern School.
