Prudential Appoints Arjan Toor as CEO Health to Drive Transformation and Customer Trust

Prudential Appoints Arjan Toor as CEO Health to Drive Transformation and Customer Trust

(IN BRIEF) Prudential plc has announced the appointment of Arjan Toor as its new CEO Health, effective from February 1, 2024. This appointment is a significant step in Prudential’s strategic transformation, focusing on its Health business as one of its core pillars to accelerate value creation for stakeholders. Arjan Toor, a seasoned healthcare executive with over 27 years of leadership experience, will assume full financial and operational responsibility for Prudential’s Health business. He aims to lead a network of Chief Health Officers and collaborate with 24 markets to expand the business while enhancing customer trust and improving the healthcare journey. Mr. Toor’s extensive background includes leadership roles in healthcare across Asia, Africa, Europe, and North America, with his most recent position being CEO for Cigna Europe. He takes over from Andrew Wong, the previous Group Chief Health Officer, who is departing Prudential to explore non-executive opportunities. Solmaz Altin, Managing Director of the Strategic Business Group, expressed confidence in Mr. Toor’s ability to help Prudential become a trusted healthcare partner for its customers.

(PRESS RELEASE) LONDON, 16-Jan-2024 — /EuropaWire/ — Prudential plc (“Prudential”) has today announced the appointment of Arjan Toor as its new CEO Health. Mr Toor will be based in Singapore and joins the business on 1 February 2024. He will report to Solmaz Altin, Managing Director, Strategic Business Group.

Last August, Prudential announced its new business strategy, and the transformation of the Health business is one of the three strategic pillars of the roadmap to accelerate value creation for all its stakeholders.

The appointment of Mr Toor is a critical step in this transformation and shows Prudential’s commitment to becoming the most trusted partner for its customers throughout their healthcare journey.

As CEO Health, Mr Toor will have full financial and operational accountability of Prudential’s Health business. He will lead a network of Chief Health Officers and work closely with its 24 markets to grow the business, creating operating leverage across the entire value chain.

Mr Toor is a seasoned senior healthcare executive with over 27 years’ experience in leadership roles across Asia, Africa, Europe and North America. He was most recently CEO for Cigna Europe, one of the largest global health services companies, where he gained deep health insurance knowledge and experience with an admirable track record of success.

Prior to his time at Cigna, Mr Toor worked for the Dutch financial services firm ING for 15 years in a variety of marketing leadership roles, building teams that excelled at developing innovative customer propositions and delivering intuitive, personalised customer experiences.

Mr Toor succeeds Group Chief Health Officer Andrew Wong, who is leaving Prudential to explore non-executive opportunities.

Commenting on the appointment, Solmaz Altin, Managing Director, Strategic Business Group said: “Our Health business is a key part of our strategy going forward. Arjan brings with him a depth and wealth of experience that I have no doubt will help us as we seek to become our customers’ most trusted partner throughout their healthcare journey.”

Notes to Editors

About Prudential plc

Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions. The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme.

Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

https://www.prudentialplc.com/

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SOURCE: Prudential plc