 "Prudential Plc")
Prudential Plc named Anil Wadhwani as its next chief executive officer, underscoring the insurer’s ambitions in Asia.
Wadhwani will take on the CEO role next February and be based in Hong Kong, the company said in a statement Wednesday. Wadhwani was the head of Manulife Financial Corp.’s Asia region and previously spent 25 years at Citigroup Inc.
The London-based company is part of a growing number of global asset managers and insurers seeking to win a bigger slice of Asia’s wealth business. The region’s estimated revenue pool of $90 billion for wealth management is luring more companies to offer everything
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