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MOVES-Principal Financial Group names PayPal executive to board

Aug 20 (Reuters) - Insurance and asset management firm Principal Financial Group on Tuesday named PayPal executive Jonathan Auerbach to its board of directors.

Auerbach is currently the executive vice president and chief strategy, growth and data officer at PayPal Holdings Inc .

The appointment is effective Sept. 15. (Reporting by Sanjana Shivdas in Bengaluru)