16 Dec 2009

Prudential plc appoints Graham Mason as Chief Executive, Fund Management, Prudential Corporation Asia

Prudential plc ("Prudential") is pleased to announce the appointment of Graham Mason as Chief Executive, Fund Management, Prudential Corporation Asia.

Graham will be a member of the Board of Directors, Prudential Corporation Asia and will report to Barry Stowe, Chief Executive, Prudential Corporation Asia. Graham joins from Prudential Portfolio Managers in South Africa where he is currently Chief Executive Officer and Co-Chief Investment Officer. His appointment is effective 1 January 2010 and he succeeds Arne Lindman who is leaving Prudential Corporation Asia in December 2009.

Tidjane Thiam, Group Chief Executive, Prudential plc said:

"I am very pleased to announce Graham's appointment. He has an established track record of success at Prudential and brings to the role his exceptional asset management experience, spanning more than 23 years and numerous geographies. This appointment emphasises the strength and depth of our management team across businesses and across regions. I would like to take this opportunity to thank Arne for his contribution to the Group and wish him well for the future."

ENDS

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Notes to Editors:
Graham Mason

Graham has been Chief Executive of Prudential Portfolio Managers (South Africa), which is part of M&G, since 1994. PPM South Africa is a retail and institutional asset management business, located in Cape Town. The business has an asset base of approximately 50% South African retail clients, 45% South African pension funds, with the remaining 5% being assets from the Prudential in UK and Asia. PPM South Africa was established in 1994. Prior to founding PPM South Africa, Graham worked for Prudential Portfolio Managers in London on both the Japanese desk and in the Global Policy Unit.

About Prudential plc

Prudential plc is a company incorporated and with its principal place of business in England, and its affiliated companies constitute one of the world's leading financial services groups. It provides insurance and financial services through its subsidiaries and affiliates throughout the world. It has been in existence for over 160 years and has £245 billion in assets under management (as at 30 June 2009). 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.

Forward-Looking Statement

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Prudential plc is an international company incorporated 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, and it has been in existence for over 170 years. 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, or the Prudential Assurance Company, a subsidiary of M&G plc (a company incorporated in the United Kingdom).