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PRU Prudential Plc

677.00
-4.20 (-0.62%)
Last Updated: 09:17:14
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Prudential Plc LSE:PRU London Ordinary Share GB0007099541 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.20 -0.62% 677.00 676.80 677.00 679.40 672.00 672.00 711,331 09:17:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Life Insurance 12.19B 1.7B 0.6401 10.58 18.1B

Chesnara: Director Mike Evans Stepping Down to Become M&G Prudential Chair

01/10/2018 10:01am

Dow Jones News


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By Adam Clark

 

Chesnara PLC (CSN.LN) said Monday that Mike Evans is stepping down as an independent director in order to become chairman of Prudential PLC's (PRU.LN) demerged M&G Prudential business.

It was reported in August by Sky News that Mr. Evans had been approached to become chair of M&G Prudential.

FTSE 100 insurer Prudential said in March that it would split its operations to create an independent savings-and-investment provider in the U.K. and Europe, currently under the name M&G Prudential. Prudential PLC will continue to focus on high-growth opportunities in Asia, the U.S. and Africa. The timeline for the demerger is yet to be determined.

Chesnara said Mr. Evans is stepping down from its board with immediate effect. Prudential wasn't immediately available for comment.

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

October 01, 2018 04:46 ET (08:46 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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