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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
May 01, 2015 at 05:15 AM
(Bloomberg) — Prudential Plc, Britain’s largest insurer, has named Mike Wells as chief executive officer, succeeding Tidjane Thiam, who was appointed CEO at Credit Suisse Group AG.
Wells, who has been head of London-based Prudential’s Jackson National Life U.S. unit since 2010, will replace Thiam on June 1, the company said in a statement on Friday.
He has worked in life insurance, retirement services and asset management for almost three decades, according to Prudential.
Wells joined Jackson in 1995 in the marketing and distribution arm and helped develop the firm’s first variable annuity products. Since he was promoted to CEO, the company has grown to become the largest seller of variable annuities in the U.S., surpassing companies such as MetLife Inc., according to data from trade group Limra.
The shares fell 0.7 percent to 1,617 pence at 11:52 a.m. in London. They have increased about 8.4 percent this year.
Prudential Plc has no relation to Newark, New Jersey-based Prudential Financial Inc.
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