By Michael Susin
Prudential PLC said Wednesday that it has appointed Anil Wadhwani as chief executive officer with effect Feb. 25.
The insurance-and-investment business said that current interim CEO Mark FitzPatrick will continue to lead the business and support the transition.
Prudential said that Mr. Wadhwani was president and CEO of Manulife's Asia region. He also served 25 years at Citi in Asia Pacific, Europe, the Middle East, Africa and the U.S., the company said.
The new CEO appointment is subject to regulatory approval, it added.
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(END) Dow Jones Newswires