16 Dec 2004
Prudential plc board appointment
Prudential plc announced today that Keki Dadiseth will join the board as a non-executive director on 1st April 2005.
Mr Dadiseth is Director, Unilever Home and Personal Care, and has been a main board director and member of the Executive Committee of Unilever plc & Unilever NV since May 2000.
Sir David Clementi, Chairman of Prudential, said “I am delighted to welcome Keki to the board. His knowledge and experience of international and particularly Asian markets will be of great value.”
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Notes to Editors
Mr Dadiseth was appointed Director on the Board of Unilever PLC and Unilever NV in May 2000 and a Member of the Executive Committee. On 1st January 2001, he took over as Director, Home and Personal Care, responsible for the HPC Business of Unilever world-wide.
A Fellow of the Institute of Chartered Accountants of England & Wales, Mr Dadiseth, (59), joined Hindustan Lever Ltd in India in 1973 as a manager in the Audit Department. His tenure in the company included a three-year secondment to Unilever PLC, in London (1984 – 87), where he held senior financial and commercial positions. On his return to India in 1987, he joined the Board of Hindustan Lever, and, until he became Chairman in 1996, headed several businesses (Detergents & Personal Products) and functions (Personnel, and Acquisitions & Mergers activities), for the Group in India.
In India, Mr Dadiseth was closely associated with various industry, educational, management and medical bodies. He is a Trustee of the Ratan Tata Trust and another Trust of the Tatas, a Director on the Board of The Indian Hotels Company Limited, “The Taj Group” and a member of the International Advisory Board of the DaimlerChrysler Group.
He is married and has a daughter. His hobbies include reading, cooking, music and Indian contemporary art.
* Prudential plc, a company incorporated and with its principal place of business in the United Kingdom, and its affiliated companies constitute one of the world's leading financial services groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world. It has been in existence for over 150 years and has over £170 billion in assets under management, as at 30 June 2004. Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.