Prudential announced that Anil Wadhwani will be succeeding Mark FitzPatrick as its Chief Executive and join the board as an Executive Director on 25 February 2023. FitzPatrick will remain available as an adviser for an unspecified period.

Anil will also join the Board of Prudential Corporation Asia Limited, a wholly-owned subsidiary of Prudential.

He has more than 30 years’ financial services experience, predominantly in Asia where he most recently served as CEO of Manulife’s Asia region.

During his five year tenure in the role, he successfully grew its multi-channel business and transformed its highly diversified business with significant market share gains in many key markets.

Prior to this he spent 25 years with Citi across Asia Pacific, EMEA and the US, in a number of consumer financial services roles.

Shriti Vadera, Chair, Prudential said,

“On behalf of the Board, I would like to thank Mark for his dedication, hard work and for the significant impact he has had on the progress and transformation of Prudential during his time as CFO and COO, and in particular in leading the Company as interim Chief Executive.

 

With Anil’s appointment, Prudential has now completed the move of its entire senior management team to Asia. We are delighted to welcome Wadhwani.”

Wadhwani said,

“I am thrilled to join the team at such an exciting time in the development of its Asian and African operations and am looking forward to meeting customers, colleagues, investors and key stakeholders.”