Blueprint
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 October,
2018
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation of registrant's name into English)
LAURENCE POUNTNEY HILL,
LONDON, EC4R 0HH, ENGLAND
(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-
1 October 2018
M&G Prudential appoints Mike Evans as Chair
Prudential plc today announces the appointment of Mike Evans as
Chair of M&G Prudential in preparation for its planned
demerger. He joins the Board of M&G Prudential with immediate
effect.
Mr Evans has 36 years of savings and investments experience and has
served as Chairman of Hargreaves Lansdown plc and of ZPG plc. He
has also worked as the Chief Operating Officer of Skandia UK, as a
non-executive director of esure Group plc and as the Senior
Independent Director of Chesnara plc. He is currently Chairman of
Just Eat plc.
Mr Evans' appointment is the latest step in the planned demerger of
M&G Prudential from Prudential plc, which will result in two
separately listed companies. The appointment has been approved by
the Prudential Regulation Authority and the Financial Conduct
Authority. Further appointments to the Board of M&G Prudential
will be announced in due course.
Paul Manduca, Chairman of Prudential plc, said: "I am pleased that
Mike Evans has joined M&G Prudential as Chair. His extensive
boardroom experience and track record with UK listed businesses
will be great assets during the demerger and when M&G
Prudential becomes an independent company."
John Foley, Chief Executive of M&G Prudential, said: "I am
delighted that Mike has been appointed as Chair of M&G
Prudential, working with us on our journey to independence and,
above all, as we continue to deliver great outcomes for our
millions of customers."
Mike Evans, Chair of M&G Prudential, said: "This is an exciting
time to be joining M&G Prudential, which is a strong business
with lots of opportunities for growth in the UK and international
savings and investment markets. I look forward to working with John
and his team as we become an independent
business."
Enquiries:
Media
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Investors/Analysts
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Jonathan Oliver
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+44 (0)20 7548 3537
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Chantal Waight
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+44 (0)20 7548 3039
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Tom Willetts
Alex Ranson
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+44 (0)20 7548 2776
+44 (0)20 7548 3675
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Richard Gradidge
William Elderkin
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+44 (0)20 7548 3860
+44 (0)20 3480 5590
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Notes to Editors:
About Mike Evans
Mike Evans started his career with Clerical Medical in 1982, before
joining Skandia in 1986 and qualifying as an actuary in 1988. He
held a number of senior roles until his appointment as Chief
Operating Officer in 2004. He became a non-executive director of
Hargreaves Lansdown plc in 2006, serving as Chairman of the Board,
Chairman of its Nomination and Risk committees and Member of its
Remuneration Committee between 2009 and February 2018. He was a
Non-Executive Director of esure Group plc between June 2013 and
August 2015, serving as Chairman of its Remuneration Committee and
a Member of its Risk and Audit committees. He was Chairman of ZPG
plc between May 2014 and July 2018, serving as Chairman of its
Nomination Committee and Member of its Remuneration Committee. He
was Senior Independent Non-Executive Director of Chesnara
plc and a Member of its Nomination, Remuneration and Audit
& Risk committees from 2013 to September 2018. He is also
Chairman of Just Eat plc, Chairman of its Nomination Committee and
a member of its Remuneration Committee. He holds a BSc in
Mathematics from the University of Bristol. Age 57.
About M&G Prudential
M&G Prudential is the UK and European savings and investments
business of Prudential plc. On 14 March 2018 Prudential plc
announced its intention to demerge M&G Prudential from
Prudential plc, resulting in two separately listed companies with
different investment characteristics and opportunities. On
completion of the demerger, shareholders will hold interests in
both Prudential plc and M&G Prudential. M&G Prudential has
total assets under management of £341 billion as at 30 June
2018 and has more than 7 million customers. Over the next five
years, M&G Prudential's shareholders will be investing
£250 million of shareholder capital into a series of
transformation programmes to create a simple, modern,
customer-centric savings and investments business.
About Prudential plc
Prudential plc and its affiliated companies constitute one of the
world's leading financial services groups, serving over 26 million
customers, with £664 billion of assets under management (as at
30 June 2018). Prudential plc is incorporated in England and Wales
and is listed on the stock exchanges in London, Hong Kong,
Singapore and New York. 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.
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: 01
October 2018
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PRUDENTIAL
PUBLIC LIMITED COMPANY
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By:
/s/ Alan Porter
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Alan
Porter
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Group
General Counsel and Company Secretary
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