29 Oct 2014
Prudential today announces that Anthony Nightingale, CMG, is to succeed Lord Turnbull as Chairman of the Remuneration Committee from May 2015. At this time, Mr Nightingale will also join the Nomination Committee. Mr Nightingale has been a non-executive director and a member of the Remuneration Committee since 1 June 2013.
Lord Turnbull, who has been a member of the Board since May 2006 and Chairman of the Remuneration Committee since June 2011, is stepping down at the next Annual General Meeting in May 2015, by which time he will have served on the Board for nine years.
Paul Manduca, Chairman of Prudential, said: “I am very pleased that Anthony Nightingale has agreed to become Chairman of the Remuneration Committee. At the same time, on behalf of the Board, I would like to take the opportunity to thank Lord Turnbull for his contribution, which has been of considerable value to the Group.”
The Company confirms that there is no further information required to be disclosed pursuant to Rule 13.51(2) of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.
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Notes to Editors:
About Prudential plc
Prudential plc is incorporated in England and Wales, 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 more than 166 years and has £457 billion in assets under management (as at 30 June 2014). 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.
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