Prudential plc appoints new Chief Financial Officer Tidjane Thiam

Prudential plc today announced Tidjane Thiam as its new Chief Financial Officer. Tidjane, aged 45, was previously Chief Executive Officer of Aviva Europe.Tidjane, who joins the Prudential plc Board with immediate effect, also held the position of Group Strategy and Development Director at Aviva, and before that was a partner with McKinsey & Company in France, and Minister of Planning and Development of the Ivory Coast.

He replaces Philip Broadley, who has held the role for eight years. Philip will remain on the Board until the Annual General Meeting on 15 May 2008 and will leave the Group on 31 May 2008.

Mark Tucker, Group Chief Executive, Prudential plc said: “I am very pleased to welcome Tidjane as Chief Financial Officer of Prudential plc.

“Tidjane’s background and depth of experience mean that he is well-suited to help lead Prudential to the next stage of its development. He has a great reputation for optimising performance and value, and I look forward to the strong contribution he will make to the Group.”

Tidjane Thiam, Chief Financial Officer, Prudential plc said: “I am delighted to be joining Prudential at this time of rapid growth. Prudential is one of the best performing players in the industry with an outstanding leadership team and a positive outlook. Prudential is well positioned to take advantage of the significant retirement opportunities in its markets and I look forward to playing my part in the Group’s continued value creation.”