Prudential PLC Makes History In U.K., Naming a Black CEO

Subject

Black Lives Matter Movement

Description

Tidjane Thiam, who 10 years ago was forced to flee a military coup in Ivory Coast, is set to make U.K. corporate history when he takes over the top spot at insurer Prudential PLC, PRU 1.68% becoming the first black chief executive of an FTSE 100 company. Also Thursday, the insurer reported a net loss for 2008 but said its operating profit using European embedded value accounting standards rose 17% and that its capital position remained strong.

Creator

Vladimir Guevarra

Source

https://www.wsj.com/articles/SB123745725723382741

Publisher

wsj.com

File

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