Prudential : promotions to Group Executive Committee

23 Jun 2022

Prudential plc promotions to Group Executive Committee

Prudential plc (Prudential) has today announced an update on its Group leadership structure.

To support the ongoing evolution of the Group, Seck Wai-Kwong, CEO, Eastspring; Dennis Tan, CEO, Prudential Singapore; Lilian Ng, CEO, Insurance; and Solmaz Altin, Group Chief Strategy and Transformation Officer, have all been promoted to the Group Executive Committee (GEC) with effect from 1 July 2022.

They will join current members, Mark FitzPatrick, Interim Group Chief Executive Officer; James Turner, Group Chief Financial Officer; Avnish Kalra, Group Chief Risk and Compliance Officer; and Jolene Chen, Group HR Director.

Mr Tan, Ms Ng and Mr Altin will each lead one of the Strategic Business Groups, which consist of selected markets. They will be accountable for the business and operational results of their respective markets and also for the Group-wide delivery of enabling functions. Mr Seck will remain responsible for the growth of Eastspring's business and the delivery of its investment performance.

Commenting on the promotions, Mr FitzPatrick said: "With our exclusive focus on Asia and Africa, Prudential is committed to fostering and encouraging a people and customer-orientated culture through an inclusive leadership approach that seeks to build the best place for our staff and future leaders to develop their talents.

"The GEC will seek to create an environment where our talented and committed people feel more empowered, engaged and supported to focus on delivery for our shareholders and customers. It is our privilege and responsibility to build on the strong foundations and successes of the past, and to secure the path to future growth and success."

ENDS

Enquiries:

Media		Investors/Analysts
Simon Kutner	[phone]	Patrick Bowes	[phone]
Tan Ping Ping	[phone]	William Elderkin	[phone]
Darwin Lam	[phone]

Notes to Editors:

The Strategic Business Group responsibilities are set out below:

Dennis Tan	Lilian Ng	Solmaz Altin
Markets Coverage	Singapore Thailand Vietnam	Mainland China Hong Kong Taiwan	Indonesia Malaysia Philippines Laos Myanmar Cambodia India Africa
Additional responsibilities and enabling functions	CEO of Prudential Assurance Company Singapore	Agency & Bancassurance Marketing & Customer Proposition	Digital & Technology

About Prudential plc

Prudential plc provides life and health insurance and asset management in Asia and Africa. The business helps people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion. Prudential protects people's wealth, helps them grow their assets, and empowers them to save for their goals. The business has more than 18 million life customers and is listed on stock exchanges in London (PRU), Hong Kong (2378), Singapore (K6S) and New York (PUK). Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

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