Principal® collaborates with Save the Children Indonesia to support earthquake victims in Cianjur

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(Jakarta, Indonesia)– Principal Financial Group® and Principal Indonesia have donated USD $15,000 to support Save the Children Indonesia’s efforts to help children and families affected by an earthquake in Cianjur, West Java, Indonesia. The funds are earmarked to provide essential shelter, hygiene and educational supplies.

“Principal® is committed to building a better future and advancing financial security in the communities where we do business. Through this donation, we are helping families rebuild following the Cianjur earthquake,” stated Jo Christine Miles, director of Principal Community Relations and Principal® Foundation.

“We hope this collaboration between Save the Children Indonesia and Principal will provide the children and families affected by the earthquake with practical solutions that will help them recover from the time of distress,” said Anna, director of Principal Indonesia.

In addition to providing shelters, hygiene kits and education kits for the affected children and families, Save the Children also established Child Friendly Spaces. These recreational spaces for children are meant to help them cope with the traumas of experiencing the earthquake. They consist of recreational tools and shelters for all children, including those with disabilities.

“In terms of emergency response plan, we will have advanced support for families and children affected by the Cianjur earthquake. Children are especially susceptible to learning loss when many schools are destroyed,” said Troy Pantouw, chief of advocacy, campaign, communication, and media, Save the Children Indonesia. “We are grateful for the generous support from Principal, which will aid in children’s education, health and living conditions.”

To learn more about Save the Children Indonesia and its efforts visit https://savethechildren.or.id/

About Principal Financial Group®

Principal Financial Group® (Nasdaq: PFG) is a global financial company with 19,000 employees1 passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we’re helping more than 55 million customers1 plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of America’s 100 Most Sustainable Companies2, a member of the Bloomberg Gender Equality Index, and a “Best Places to Work in Money Management3.” Learn more about Principal and our commitment to building a better future at principal.com.

1 As of September 30, 2022   
2 Barron’s, 2022  
3 Pensions & Investments, 2022

About Principal Indonesia (PT Principal Asset Management)

Principal Indonesia or PT Principal Asset ManagementSM (formerly known as PT CIMB-Principal Asset Management), is a joint venture between Principal Financial Group®, a member of the FORTUNE 500® and a Nasdaq-listed global financial services and CIMB Group Holdings Berhad, one of Southeast Asia’s leading universal banking groups.  

Acquiring PT Niaga Asset Management on 12 December 2007, Principal Asset Management Berhad is headquartered in Malaysia and has a footprint across Indonesia, Thailand, and Singapore. The company serves over 25,000 investors in Indonesia and has IDR 4 trillion in Asset Under Management as of 30 December 2022. We offer a wide variety of solutions to help people and companies in building, protecting and advancing their financial well-being with our discretionary mandates and asset management expertise.

With innovative ideas and real-life solutions, the company helps achieving financial progress towards a more secure financial future possible for clients of all income and portfolio sizes.

PT Principal Asset Management has obtained a business license from the Capital Market authority as an Investment Manager based on the Decree of the Chairman of BAPEPAM Number: KEP-05 / PM / MI / 1997 dated May 7, 1997. For further information, please visit www.principal.co.id

Principal Asset ManagementSM is a trade name of Principal Global Investors, LLC. Principal Global Investors® leads global asset management and is a member of the Principal Financial Group®.

Principal community relations supports the communities where affiliates of the Principal Financial Group®, Des Moines, IA 50392 operates. Insurance products and plan administrative services provided through Principal Life Insurance Company®, a member of the Principal Financial Group, Des Moines, IA 50392.

About Save the Children Indonesia

Save the Children Indonesia is part of the Save the Children International global movement that works to fight for children's rights in more than 120 countries around the world. Save the Children in Indonesia is registered under the entity name Yayasan Save the Children Indonesia based on the Decree of the Ministry of Law and Human Rights No. AHU-0001042.AH.01.05 Year 2021. In Indonesia, the Save the Children mission has been carried out since 1976. For further details, please visit www.savethechildren.or.id.