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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -13.60 | -2.01% | 663.80 | 664.20 | 664.60 | 681.40 | 663.40 | 673.40 | 16,912,299 | 16:35:23 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Life Insurance | 12.19B | 1.7B | 0.6401 | 10.38 | 18B |
From Feb 2020 to Feb 2025
By Adam Clark
Prudential PLC (PRU.LN) said Friday that Anne Richards has resigned as chief executive of M&G Investments, ahead of the demerger of the wider M&G Prudential business.
The FTSE 100 insurer said Ms. Richards is resigning as CEO of M&G Investments to take up a senior leadership role elsewhere in the financial-services industry. She is also stepping down from Prudential's board, with both changes effective from Aug.10.
Prudential said in March that it would demerge its U.K. and European business, M&G Prudential, to focus on higher growth opportunities in Asia and the U.S. The timing of the split is yet to be confirmed.
The company said on Thursday that Clare Bousfield, currently CEO of the Prudential UK business, will become chief financial officer of M&G Prudential.
John Foley, CEO of M&G Prudential, will take on additional responsibilities as the chief executive of the key regulated entities of M&G and Prudential UK.
Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones
(END) Dow Jones Newswires
July 27, 2018 05:09 ET (09:09 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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