British insurer Prudential names Wadhwani as CEO

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British insurer Prudential names Wadhwani as CEO
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Prudential Plc named Manulife executive Anil Wadhwani as chief executive officer on Wednesday and said he would assume the role in February2023, as the British insurer pivots towards an Asian focus.

executive Anil Wadhwani as chief executive officer on Wednesday and said he would assume the role in February2023, as the British insurer pivots towards an Asian focus.Prudential has undergone a transformation in recent years, splitting off its UK and European unit M&G

Prudential said in February that its future CEO and senior management team would be based in Asia, following the retirement of Mike Wells. Wadhwani "has a wealth of experience, not just in insurance but as a customer-centric people leader with a strong track record of creating and driving a culture of success, that will help us meet the needs of our customers in our chosen growth markets in Asia and Africa," Prudential chair Shriti Vadera said.

Interim CEO Mark FitzPatrick will continue to run the business until Wadhwani joins, Prudential said.

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