a1436b
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of May, 2023
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation
of registrant's name into English)
13/F, One International Finance Centre,
1 Harbour View Street, Central,
Hong Kong, China
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports
under
cover Form 20-F or Form 40-F.
Form
20-F X
Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes
No X
If
"Yes" is marked, indicate below the file number assigned to the
registrant
in
connection with Rule 12g3-2(b): 82-
31 May 2023
Prudential appoints Ben Bulmer as Chief Financial
Officer
Prudential plc ('Prudential', the 'Company' or the 'Group')
announces the appointment, subject to regulatory approval, of Ben
Bulmer as Chief Financial Officer.
Mr Bulmer is currently CFO, Insurance and Asset Management, having
previously served as Chief Financial Officer of Prudential
Corporation Asia. He has extensive experience of the Group, having
served in a variety of leadership positions across the finance
function in Asia and London since joining in 1997.
Mr Bulmer becomes a member of the Group Executive Committee,
reporting to Anil Wadhwani, Chief Executive Officer, and will
continue to be based in Hong Kong.
Mr Bulmer succeeds James Turner, who has resigned today as Chief
Financial Officer in light of an investigation into a Code of
Conduct issue relating to a recent recruitment situation. The
Group sets itself high standards and Mr Turner fell short on this
occasion. Mr Turner will remain available to the Group for a period
of four months to support a smooth transition.
There are no implications for the financial performance, reporting
or operations of the business.
Anil Wadhwani, Chief Executive Officer said: "I am delighted to
appoint Ben as Chief Financial Officer. Ben is a highly experienced
finance leader who has developed a deep understanding of our
business and markets during his 26 years at Prudential, including
in his role as Chief Financial Officer at Prudential Hong Kong's
Life Insurance businesses and in central finance roles in the
Group. The Board and I have a strong relationship with Ben and look
forward to continuing to work closely with him in his new role as
we seek to take advantage of the significant opportunities
ahead.
"Our Code of Conduct sets out that we expect all our colleagues to
adhere to the highest professional standards and behaviours.
On behalf of the Board, I would like to extend our gratitude to
James for his twelve years of contribution to the business and wish
him well for the future."
The Group expects to publish its Half Year Results on 30 August, as
previously announced.
ENDS
Contacts:
Media
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Investors/analysts
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Simon Kutner
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+44 (0)7581 023260
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Patrick Bowes
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+852 9611 2981
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Sonia Tsang
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+852 5580 7525
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William Elderkin
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+44 (0)20 3977 9215
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Darwin Lam
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+852 2918 6348
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1.
Mr Bulmer joined the Company in 1997 and has served in a
variety of senior finance positions in Asia and London. In his most
recent role as CFO, Insurance and Asset Management, Mr Bulmer leads
the Performance Management, Financial Planning & Analysis,
Finance Operations & Control, Tax, Actuarial and Capital
Management functions of the Prudential Group. He is a member
of the Group Management Forum and manages a finance community of 16
CFOs across 13 countries and the Africa Regional Head
Office.
Mr
Bulmer is an accomplished Finance Executive having held a variety
of leadership roles including CFO, Insurance and Asset Management,
Regional CFO of Prudential Asia, CFO of Eastspring, the Group's
asset management business, CFO of Prudential Hong Kong's Life and
General Insurance businesses and Chief Accountant of Prudential
Asia.
He
has extensive Board and Committee experience in insurance and asset
management across Asian markets and has a proven history of leading
large scale change programmes.
Mr
Bulmer is a Chartered Accountant (The Chartered Institute of
Management Accountants) and holds a Bachelor of Arts (Hons) degree
from The London School of Economics.
2.
In line with the Group's remuneration policy approved by
shareholders, remuneration arrangements for Mr Turner are in line
with his contractual entitlements and there are no additional
payments. The Remuneration Committee has decided that certain past
variable remuneration awards will lapse following Mr Turner's
departure and an adjustment may be made in the future to other
awards, if appropriate in line with the provisions of the policy
and in line with the rules of the relevant plans.
About Prudential plc
Prudential plc provides life and health insurance and asset
management in 24 markets across Asia and Africa. The business helps
people get the most out of life, by making healthcare affordable
and accessible and by promoting financial inclusion. Prudential
protects people's wealth, helps them grow their assets, and
empowers them to save for their goals. The business has dual
primary listings on the Stock Exchange of Hong Kong (2378) and the
London Stock Exchange (PRU). It also has a secondary listing on the
Singapore Stock Exchange (K6S) and a listing on the New York Stock
Exchange (PUK) in the form of American Depositary Receipts. It is a
constituent of the Hang Seng Composite Index and is also included
for trading in the Shenzhen-Hong Kong Stock Connect programme and
Shanghai-Hong Kong Stock Connect programme.
Prudential is not affiliated in any manner with Prudential
Financial, Inc. a company whose principal place of business is in
the United States of America, nor with The Prudential Assurance
Company Limited, a subsidiary of M&G plc, a company
incorporated in the United Kingdom. https://www.prudentialplc.com/
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
Date: 31 May
2023
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PRUDENTIAL
PUBLIC LIMITED COMPANY
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By:
/s/
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Thomas
Clarkson
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Company
Secretary
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