Form 6-K PRUDENTIAL PLC For: Jul 12
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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 July, 2017
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-
12 July
2017
Prudential appoints new Non-Executive Director
Prudential plc ("Prudential") announces the appointment of Thomas
Watjen as non-executive director. Mr Watjen joined the Board
and became a member of the Remuneration Committee with effect from
11 July 2017.
Mr Watjen has extensive leadership experience in US and
international life insurance. He spent over 20 years at
US-based life insurer Unum Group and its predecessor Provident
Companies Inc., serving as President and Chief Executive Officer
for 12 years and as Non-Executive Chairman. Mr Watjen is
currently non-executive director of SunTrust Banks,
Inc.
Paul Manduca, Chairman of Prudential, said: "I am delighted that
Tom Watjen is joining the Board. He has a distinguished
career and brings with him a deep expertise of US and international
life insurance."
Enquiries:
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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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Raghu Hariharan
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+44 (0)20 7548 2871
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Jonathan Miller
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+44 (0)20 7548 2776
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Richard Gradidge
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+44 (0)20 7548 3860
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William
Elderkin
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+44 (0)20 3480 5590
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Notes to Editors:
About Thomas Watjen
Thomas Ros Watjen started his career at Aetna Life and Casualty
before joining Conning & Company, an investment and asset
management provider, where he became Partner in the capital markets
and venture capital division. Mr Watjen joined Morgan Stanley
in 1987 as a Managing Director in its insurance practice and in
1994 he was appointed Executive Vice President and Chief Financial
Officer of Provident Companies Inc. A key architect of
Provident's merger with Unum in 1999, Mr Watjen was appointed
President and Chief Executive Officer of the renamed Unum Group in
2003, a role he held for 12 years before becoming Non-Executive
Chairman until his retirement in May 2017. Mr Watjen is a
non-executive director of SunTrust Banks, Inc. He studied
Economics at Virginia Military Institute and received an MBA from
Darden School of Business at the University of Virginia. Age
62.
Shareholding
Mr
Watjen holds no interest in any shares of Prudential under the
meaning of Part XV of the Hong Kong Securities and Futures
Ordinance.
Length of service
Non-executive
directors are usually appointed for an initial three-year term,
commencing with their election by shareholders at the first Annual
General Meeting following their appointment. They are typically
expected to serve for two three-year terms from their initial
election by shareholders, although the Board may invite them to
serve for an additional period.
Remuneration
Non-executive
directors are not eligible to participate in annual bonus plans,
long-term incentive plans or pension arrangements. Their fees are
determined by the Board and reflect their individual
responsibilities, including committee membership as
appropriate.
Mr
Watjen's annual fee at appointment will consist of a basic fee of
£97,000 plus an additional fee of £27,500 for his
committee role.
Regulatory disclosures
Mr
Watjen is considered to be independent from appointment for the
purposes of the UK Corporate Governance Code and under the Hong
Kong Listing Rules.
Save as
disclosed above, there is no further information required to be
disclosed pursuant to Listing Rule 9.6.13 (1) - (6) of the Listing
Rules of the Financial Conduct Authority and Rule 13.51(2) of the
Rules Governing the Listing of Securities on the Stock Exchange of
Hong Kong Limited.
About Prudential plc
Prudential plc is incorporated in England and Wales, and its
affiliated companies constitute one of the world's leading
financial services groups, serving around 24 million insurance
customers, and has £599 billion of assets under management (as
at 31 December 2016). Prudential plc 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: 12
July 2017
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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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