18 Feb 2000

Finance Director to resign from Prudential plc

Prudential announced today that group finance director, Les Cullen, intends to resign from the company and will be leaving in April 2000. Mr. Cullen joined Prudential in September 1999 following a career in Black & Decker, Grand Met and Inchcape.

Jonathan Bloomer, chief executive designate, said, "This is Les’ first experience in the financial services industry and he has decided that his future lies elsewhere. We are now seeking a new group finance director, most probably with experience in the life assurance/financial services industry. Les will be staying with us for the next couple of months to help us through our year-end work. He leaves us with our best wishes".

Enquiries:

Carys Walshe
Investor Relations
Tel: 020 7548 3823

Jeremy Reynolds\Kevin Russell
Prudential Media Relations
Tel: 020 7548 3721\3723

As previously announced on 14 January 2000:

Jonathan Bloomer will become Group chief executive of Prudential plc on 1 March 2000.

Sir Roger Hurn will become Chairman of Prudential plc on 5 May 2000.

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Prudential plc is an international company incorporated in the United Kingdom, and its affiliated companies constitute one of the world’s leading financial services groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world, and it has been in existence for over 170 years. 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, or the Prudential Assurance Company, a subsidiary of M&G plc (a company incorporated in the United Kingdom).

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Prudential plc is an international company incorporated in the United Kingdom, and its affiliated companies constitute one of the world’s leading financial services groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world, and it has been in existence for over 170 years. 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, or the Prudential Assurance Company, a subsidiary of M&G plc (a company incorporated in the United Kingdom).

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For M&G and Prudential UK customers and policyholders:

In October 2019, Prudential plc separated its UK operations and, as a result of this separation, Prudential UK is now owned by M&G plc. The M&G plc group is a separate, independent group and as such we are not able to help any M&G or Prudential UK customers or policyholders.

Therefore, to find the best way to make contact, please visit www.pru.co.uk/contact-us

For further information on the M&G plc group, please visit the M&G website: www.mandg.com