Prudential Annuities, the domestic annuity business for Prudential Financial, Inc. (NYSE:PRU) announced today that Bruce Ferris, president of Prudential Annuities Distributors, has been named Chairman of the Insured Retirement Institute’s (IRI) Board of Directors. Ferris currently serves as Board Vice Chairman, and has been a member of the IRI Executive Committee for the past two years. Ferris takes on IRI’s Board Chair position after Robert Moore, CEO of Legal & General Investment Management America, who will serve as IRI’s Immediate Past Chairman pending approval by the IRI Board of Directors.

An industry veteran, Ferris brings over 30 years of financial services leadership to the board. In his current role at Prudential Annuities, Ferris leads planning and execution for sales, strategic relationship management, product development and marketing management.

“I’m honored to be named Chairman of the IRI Board of Directors,” says Ferris. “IRI has made vast progress in growing the association’s membership and strengthening its leadership presence on Capitol Hill. I look forward to partnering with our member companies, and advancing the initiatives begun by Robert that continue to frame the nation’s retirement security landscape.”

“We welcome Bruce to the role of IRI Board Chair,” says Cathy Weatherford, President and CEO of IRI. “His sustained commitment and energy around retirement security have long been admired by his peers and the industry alike, and we look forward to continuing our strong and rewarding partnership.”

About the Insured Retirement Institute: The Insured Retirement Institute (IRI) is the leading association for the retirement income industry. IRI proudly leads a national consumer coalition of more than 30 organizations, and is the only association that represents the entire supply chain of insured retirement strategies. IRI members are the major insurers, asset managers, broker-dealers/distributors, and 150,000 financial professionals. As a not-for-profit organization, IRI provides an objective forum for communication and education, and advocates for the sustainable retirement solutions Americans need to help achieve a secure and dignified retirement. Learn more at www.irionline.org.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of December 31, 2014, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com.

0275864-00001-00