Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Prudential plc    PRU   GB0007099541

PRUDENTIAL PLC (PRU)

48
Delayed Quote. Delayed London Stock Exchange - 03/31 11:35:24 am
1672 GBp   -1.47%
08:33a Prudential's departing CEO Thiam earned $17.5 million in 2014
07:59a TIDJANE THIAM : Prudential's departing CEO Thiam earned 11.8 million..
03/27DJFor Nets, Home Is Where the Hurt Is
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Prudential To Appoint Paul Manduca As New Chairman -Reports

05/20/2012 | 06:43am US/Eastern

Prudential PLC (>> Prudential plc), the U.K.'s largest insurer by market capitalization, will appoint Paul Manduca as its new chairman after a five-month search to replace Harvey McGrath, according to The Sunday Times and Sunday Telegraph newspapers, without saying where they got their information.

The Sunday Times reports that Manduca, the former chief executive of Rothschild Asset Management, has been chosen by the insurer's board after a lengthy search of internal and external candidates. The board has passed his name to the Financial Services Authority, which is in the in process of vetting Manduca's credentials and past experience.

Subject to regulatory clearance, Manduca's appointment could be announced as early as this week, according to the report.

The Sunday Telegraph said the two frontrunners, Nigel Rudd, chairman of Invensys PLC (>> Invensys plc), and Glen Moreno, chairman of Pearson PLC (>> Pearson plc), have dropped out of the race, leaving the way clear for Manduca to be appointed chairman.

Manduca plans to step down as chairman of AON UK, the U.K. arm of the global insurance broker, after his appointment, according to both newspapers.

Prudential and the FSA weren't immediately available to comment.

Newspaper Web site: http://www.timesonline.co.uk

Newspaper Web site: http://www.telegraph.co.uk

-London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320

React to this article
Latest news on PRUDENTIAL PLC
08:33a Prudential's departing CEO Thiam earned $17.5 million in 2014
07:59a TIDJANE THIAM : Prudential's departing CEO Thiam earned 11.8 million pounds in 2..
03/27DJFor Nets, Home Is Where the Hurt Is
03/27 U.S. Fed weighs insurers' proposal for new capital rules
03/27 PRUDENTIAL : Eastspring Investments declares distributions for 2 Islamic funds
03/27 Central banks call for lower capital requirements on top-quality pooled debt
03/27 BoE's Haldane sees case for more global rules for asset classes
03/27 PRUDENTIAL : *jefferies raises prudential price target to 1964 pence - 'buy'
03/27 PRUDENTIAL : *goldman raises prudential price target to 1950 pence - 'buy'
03/26 MPs slam financial watchdog over insurance debacle
Advertisement
Chart
Duration : Period :
Prudential plc Technical Analysis Chart | PRU | GB0007099541 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF