Prudential

PRUDENTIAL NEWSROOM (30 press releases)

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Prudential Unveils AI Lab in Singapore to Drive Innovation and AI Adoption

PRESS RELEASE -- 20, November 2024

(IN BRIEF) Prudential has launched the Prudential AI Lab in Singapore to accelerate the integration of AI technologies across its operations, aiming to enhance customer experience, streamline services, and promote innovation. The Lab will collaborate with government agencies, academic institutions, … Read the full press release

SIX Group to Acquire Aquis Exchange in Strategic Move to Strengthen European Exchange Capabilities

PRESS RELEASE -- 12, November 2024

(IN BRIEF) SIX Group has reached an agreement to acquire Aquis Exchange in a cash offer valued at 727 pence per share. The acquisition, which will enhance SIX’s European exchange capabilities, combines Aquis’s next-generation technology with SIX’s existing trading, data, … Read the full press release

Prudential Strengthens Nigerian Market Position with Full Acquisition of Zenith Life

PRESS RELEASE -- 27, September 2024

(IN BRIEF) Prudential plc is acquiring full ownership of Prudential Zenith Life Insurance in Nigeria, enhancing its position in the country and strengthening its bancassurance partnership with Zenith Bank. This move supports Prudential’s strategy to grow its presence in high-potential … Read the full press release

Prudential Partners with Bank Syariah Indonesia to Boost Syariah Insurance Growth in Key ASEAN Market

PRESS RELEASE -- 27, September 2024

(IN BRIEF) Prudential has entered into a strategic partnership with Bank Syariah Indonesia (BSI), enabling the company to offer Syariah-compliant life insurance through BSI’s extensive network starting in 2025. This collaboration is seen as a key step for Prudential to … Read the full press release

BBVA Secures U.K. Approval for TSB Takeover, Moving Closer to Banco Sabadell Acquisition

PRESS RELEASE -- 3, September 2024

(IN BRIEF) BBVA has received approval from the U.K.’s Prudential Regulation Authority (PRA) to take indirect control of TSB Bank, a subsidiary of Banco Sabadell. This approval is a key step in BBVA’s plan to acquire Banco Sabadell, which will … Read the full press release

Prudential Partners with Google Cloud to Launch AI Lab, Pioneering the Future of Insurance and Healthcare in Asia and Africa

PRESS RELEASE -- 16, August 2024

(IN BRIEF) Prudential and Google Cloud have partnered to launch an AI Lab in Singapore, focused on developing AI-driven solutions to enhance customer experiences, improve healthcare access, and optimize operations in the insurance sector. The Lab will empower Prudential’s 15,000 … Read the full press release

Prudential Appoints Angel Ng as Regional CEO for Greater China Following Lilian Ng’s Retirement

PRESS RELEASE -- 5, August 2024

(IN BRIEF) Prudential plc has announced that Lilian Ng, Managing Director of the Strategic Business Group, will retire at the end of the year after 30 years with the company. She will be succeeded by Angel Ng, formerly of Citi, … Read the full press release

Prudential plc Appoints Pankaj Banerjee as Group Chief Agency Officer to Drive Technology-Powered Distribution Strategy

PRESS RELEASE -- 8, July 2024

(IN BRIEF) Prudential plc has announced the appointment of Pankaj Banerjee as Group Chief Agency Officer, effective September 30, 2024. Reporting to Lilian Ng, Managing Director of the Strategic Business Group, Banerjee will lead Prudential’s strategy in enhancing agency operations … Read the full press release

Celebrated Communications Veteran Dr. Zoe Hibbert Joins Prudential plc as Chief of Corporate Affairs

PRESS RELEASE -- 17, June 2024

(IN BRIEF) Prudential plc has appointed Dr. Zoe Hibbert as Chief of Corporate Affairs, responsible for overseeing communications, events, and brand strategy. With over 35 years of experience in global financial institutions, Dr. Hibbert brings extensive expertise from her previous … Read the full press release

Prudential Launches Climate & Health Resilience Fund to Address Climate Change Impacts

PRESS RELEASE -- 22, April 2024

(IN BRIEF) Prudential plc, a prominent insurance company in Asia and Africa, has announced a significant investment of US$2.5 million through its community investment arm, Prudence Foundation, to tackle the effects of climate change on health and enhance climate resilience, … Read the full press release

Get Living Secures £110 Million Investment for New Maker Yards in Greater Manchester

PRESS RELEASE -- 22, March 2024

(IN BRIEF) Get Living, the UK’s leading build-to-rent operator, has finalized a £110 million investment facility with Rothesay to refinance its New Maker Yards neighborhood in Salford, Greater Manchester. With over 821 homes and 1,600 residents, New Maker Yards boasts … Read the full press release

Prudential plc Appoints Anette Bronder as Chief Technology & Operations Officer to Drive Strategic Objectives

PRESS RELEASE -- 20, March 2024

(IN BRIEF) Prudential plc announces the appointment of Anette Bronder to the newly established role of Chief Technology & Operations Officer, effective May 1st, reporting directly to CEO Anil Wadhwani and joining the Group Executive Committee. In this role, Bronder … Read the full press release

Lloyds Banking Group’s Strategic Move: Scottish Widows’ Bulk Annuities Sold to Rothesay

PRESS RELEASE -- 13, March 2024

(IN BRIEF) Rothesay, the UK’s leading pensions insurance specialist, has agreed to acquire Scottish Widows’ in-force bulk annuity portfolio from Lloyds Banking Group for approximately £6 billion. The transaction covers the pension benefits of around 42,000 individuals. This move aligns … Read the full press release

Prudence Foundation and Malaysian Red Crescent Collaborate to Safeguard Students with ‘Safe Schools, Safe Kids’ Initiative

PRESS RELEASE -- 12, March 2024

(IN BRIEF) Prudence Foundation, in collaboration with the Malaysian Red Crescent (MRC), is launching the ‘Safe Schools, Safe Kids’ programme across Malaysia to empower students aged 10-15 with crucial health and safety skills. The initiative aims to equip children with … Read the full press release