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Prudential appoints Manduca as Chairman

By BFN News | 09:33 AM | Monday 28 May, 2012

Prudential has appointed Paul Manduca as Chairman. Mr Manduca will assume the position on 2 July 2012, succeeding Harvey McGrath. Manduca has been an independent non-executive director of Prudential since October 2010, becoming Senior Independent Director in January 2011. Manduca has had a long and distinguished career in the international financial services industry, having founded Threadneedle Asset Management Limited in 1994, and has acted as Chief Executive of both Rothschild Asset Management and Deutsche Asset Management. He will step down from his position as Chairman of Aon UK as soon as possible and reduce his other commitments in order to make Prudential his principal focus. At 9:33am: (LON:PRU) Prudential share price was +6.5p at 690p Story provided by