Management Team


Melinda Hanrahan - Managing Director, Head of Equities  

Melinda is managing director and head of Equities. In this capacity she oversees the business and financial management, strategic development, client relations, operations and trading across equity markets and team locations worldwide. Melinda joined Principal Global Investors in 1989. Prior to assuming her current role, Melinda served as managing director and head of investment operations encompassing equities, real estate, fixed income and currencies, where she oversaw investment accounting, portfolio compliance, performance measurement, portfolio valuation and analysis. She also directed the strategic marketing and product information teams. Melinda received an MBA in finance from Drake University and a bachelor's degree in accounting from Iowa State University. She has been chair of the Life Office Management Association (LOMA) group for operations, a member of the Portia Advisory Board for Thomson Financial, and member of the Client Advisory Board for Bank of New York Mellon. Recently, Melinda also became a founding member of the IBM Watson Solutions Financial Services Board of Advisors.
 


Mustafa Sagun, Ph.D., CFA - Chief Investment Officer  

Mustafa is chief investment officer for Principal Global Equities. He is responsible for overseeing portfolio management and research for all international, domestic, and global equities strategies. Mustafa has managed global equity portfolios since 2002 and has also served as a member of the firm's asset allocation strategy team. He joined the firm in 2000 and has been in the financial services industry since 1991. Prior to his current role, Mustafa was a vice president and analyst for PNC Financial Services Group and an equity derivatives specialist for Salomon Brothers. Mustafa received a Ph.D. in finance and a MA in international economics from the University of South Florida. He received a bachelor's degree in electronics and engineering from Bogazici University of Turkey. Mustafa has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society of Iowa.




Scott P. Leiberton, CFA - Managing Director, Client Portfolio Management  

Scott serves as a co-portfolio manager for global all country and specialty global equity portfolios. He is a managing director of Principal Global Equities responsible for overseeing client portfolio management for the firm's full range of global, international, and U.S. equity capabilities. He also served previously as a member of the firm's asset allocation strategy team. Scott joined Principal Global Investors in 1999 with more than a decade of prior experience in institutional asset management and portfolio management. His professional career began in 1989 at Boatmen's Trust Company. Scott received an MBA from Saint Louis University and a bachelor's degree in finance and economics from the University of Missouri. He earned the Certified Employee Benefits Specialist designation from the International Foundation of Employee Benefit Plans and the Wharton School, University of Pennsylvania. Scott has earned the right to use the Chartered Financial Analyst designation and is a member of the CFA Institute.