Prudential Plc
PRU:LN
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Overview
Company Profile
One of the UK's largest life insurers, Prudential has operations around the world in the UK, US and Asia. As well as providing financial services under its own name, the Pru also owns M&G Investments.
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Financials
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Corporate
Board of Directors
Paul Manduca
Chairman and Chairman of the Nomination Committee
Appointments Board: October 2010 Chairman of the Board: July 2012 Chairman of the Nomination Committee: July 2012 Paul was the Senior Independent Director prior to his appointment as Chairman. He was also a member of the Audit and Remuneration Committees from October 2010 to June 2012 and joined the Nomination Committee in January 2011. Relevant Skills and Experience Paul retired as Chairman of JPM European Smaller Companies Investment Trust Plc in December 2012 and was the Chairman of Aon UK Limited until September 2012. He was also a non-executive director and Chairman of the Audit Committee of KazMunaiGas Exploration & Production until the end of September 2012. From September 2005 until March 2011, Paul was a non-executive director of Wm Morrison Supermarkets Plc. During his tenure, he was the Senior Independent Director, the first Audit Committee Chairman and Chair of the Remuneration Committee. Paul was the Senior Independent Director and Chairman of the Audit Committee of Development Securities plc until March 2010, Chairman of Bridgewell Group plc until 2007 and a director of Henderson Smaller Companies Investment Trust plc until 2006. Prior to that, he was European CEO of Deutsche Asset Management from 2002 to 2005, global CEO of Rothschild Asset Management from 1999 to 2002 and founding CEO of Threadneedle Asset Management Limited from 1994 to 1999 when he was also a director of Eagle Star and Allied Dunbar. Paul has also served as Chairman of the Association of Investment Companies from 1991to 1993 and is a former member of the Takeover Panel. Current External Appointments Paul is a member of the Securities Institute and Chairman of Henderson Diversified Income Limited.
Mike Wells
Group Chief Executive
Appointments Board: January 2011 Group Chief Executive: June 2015 Mike was the President and Chief Executive Officer of Jackson National Life Insurance Company (Jackson), from January 2011 until his appointment as Group Chief Executive in June 2015. Relevant Skills and Experience Mike has been responsible for Jackson and its United States affiliates, having served in a number of strategic and leadership roles over the last 19 years. During this period he has led the development of Jackson’s variable annuity business and has been responsible for IT, strategy, operations, communications, distributions, Curian and the retail broker dealers.
Nic Nicandrou ACA
Chief Financial Officer
Appointments Board: October 2009 Nic is Chief Financial Officer, a position he has held since October 2009. Relevant Skills and Experience Before joining Prudential, Nic worked at Aviva, where he held a number of senior finance roles, including Norwich Union Life Finance Director and Board Member, Aviva Group Financial Control Director, Aviva Group Financial Management and Reporting Director and CGNU Group Financial Reporting Director. Nic started his career at PricewaterhouseCoopers where he worked in both London and Paris. In December 2014 Nic was appointed Chairman of the European Insurance CFO Forum.
Jackie Hunt
Executive Director
Appointments Board: September 2013 Jackie is Chief Executive, Prudential UK & Europe, a position she has held since September 2013, and she took on responsibility for Africa in early 2014. Relevant Skills and Experience Jackie joined Prudential from Standard Life where she was Chief Financial Officer. Prior to this, Jackie held a number of senior financial management positions in companies including Norwich Union Insurance, Aviva, Hibernian Group, Royal & Sun Alliance and PricewaterhouseCoopers. She also served as the Senior Independent Director and Chairman of the Audit Committee of National Express Group PLC from 2012 until May 2015. Current External Appointments Jackie is a non-executive director of TheCityUK and is also a member of the FCA Practitioner Panel.
Michael McLintock
Executive Director
Appointments Board: September 2000 Michael is the Chief Executive of M&G, a position he held at the time of M&G’s acquisition by Prudential in 1999. Relevant Skills and Experience Michael joined M&G in 1992. He also served on the Board of Close Brothers as a non-executive director from 2001 to 2008. Current External Appointments Michael has been a Trustee of the Grosvenor Estate since October 2008 and was appointed as a non-executive director of Grosvenor Group Limited in March 2012. He has been a member of the Finance Committee of the MCC since October 2005.
Barry Stowe
Executive Director
Appointments Board: November 2006 Barry is Chairman and Chief Executive Officer of the North American Business Unit, which comprises Jackson National Life Insurance Company, Curian Capital, Jackson National Asset Management, PPM America and National Planning Holdings. He has held this position since 1 June 2015. Relevant Skills and Experience Barry was the Chief Executive of Prudential Corporation Asia, a position he held since October 2006. Before joining Prudential, Barry was President, Accident & Health Worldwide for AIG Life Companies. He joined AIG in 1995 after having held senior positions at Pan-American Life and Willis in the United States. Current External Appointments Barry is a member of the Board of Directors of the International Insurance Society.
Tony Wilkey
Executive Director
Tony Wilkey Executive Director Appointments Board: June 2015 Tony is Chief Executive of Prudential Corporation Asia a position he has held since 1 June 2015. Relevant Skills and Experience Until becoming Chief Executive of Prudential Corporation Asia, Tony was Chief Executive of Prudential Corporation Asia\'s network of life insurance operations in Asia across 12 markets. Under Tony\'s leadership, Prudential\'s life insurance operations grew into significant market-leading positions. Tony joined Prudential in 2006 after previously serving as Chief Operating Officer of American International Assurance (AIA), based in Hong Kong, overseeing AIA’s life companies in South-east Asia.