– UK, London – Prudential plc (LON: PRU) today announced the appointment of Anil Wadhwani as Group CEO, effective on 25 February 2023 and subject to regulatory approval, joining from Manulife where he was President and CEO, Manulife Asia.
“The Board is delighted to appoint Anil following our thorough succession process and the move of the entire senior management team to Asia. He has a wealth of experience, not just in insurance but as a customer-centric people leader with a strong track record of creating and driving a culture of success, that will help us meet the needs of our customers in our chosen growth markets in Asia and Africa. Over the course of 2021, we reshaped our business, and the Board is confident that Anil will capture the significant opportunities that we see ahead. Following his appointment, the Group’s leadership, lead regulator and its operations will be geographically aligned.” said Board Chair, Shriti Vadera.
About Anil Wadhwani
Anil Wadhwani is a global financial services leader with more than 30 years of experience, predominantly in Asia, combining strategic vision and execution in some of the world’s biggest companies. Most recently, as CEO of Manulife’s Asia region, he successfully grew and transformed its diversified and multi-channel business with significant market share gains in many key markets and making it the company’s largest source of core earnings. Mr. Wadhwani also has significant and proven digital experience, having driven the modernization of technology platforms across 13 markets in Asia in his previous role.
Before this, he spent 25 years with Citi in the Asia Pacific, Europe, the Middle East, Africa, and the US, in several consumer financial services roles. Mr. Wadhwani was born in 1968 and educated in Mumbai and has worked in Mumbai, Singapore, London, New York, and most recently for nearly five years in Hong Kong.
Anil Wadhwani, commented: “I am honoured to have been appointed as the new CEO of Prudential. Prudential is diversified across Asia and Africa, with a highly successful business, a very powerful brand, and leading market positions in many of its key markets. I strongly believe in the strength of its digitally enabled multi-channel distribution model. Prudential is exclusively focussed on growth markets and has shown great resilience and agility through the recent and ongoing Covid pandemic. This strong performance is a real testament to all their people, the quality of talent, and the leadership team who I am very much looking forward to working. It will be a true privilege to lead the business as it continues to serve customers and communities, driving growth in Asia and Africa while delivering value for the shareholders.”
Anil Wadhwani has more than 30 years of financial services experience, predominantly in Asia, combining strategic vision and execution in some of the world’s biggest companies. Most recently, as CEO of Manulife’s Asia region, over his five years 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 and making it its largest source of core earnings.
Before this, he spent 25 years with Citi in the Asia Pacific, Europe, the Middle East, Africa, and the US, in several consumer financial services roles. Mr. Wadhwani was born in 1968 and educated in Mumbai and has worked in Mumbai, Singapore, London, New York, and most recently for nearly five years in Hong Kong.
About Prudential plc
Prudential plc provides life and health insurance and asset management in 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 more than 18 million life customers and is listed on stock exchanges in London (PRU), Hong Kong (2378), Singapore (K6S), and New York (PUK). 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.
For more information: https://www.prudential.com
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