PRU - Leadership updates

PGIM, the global asset management business of Prudential Financial, Inc., has appointed Brian Towers as head of Insurance and Strategic Partnerships. In this role, Towers will draw on investment expertise across PGIM to help deliver integrated investment solutions and build long-term strategic partnerships with insurers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423698415/en/Brian Towers, Head of Insurance and Strategic Partnerships, PGIM Towers will report to Keshav Rajagopalan, head of Strategic Capital Group, and lead PGIM's global effort to deepen and expand its insurance business. PGIM's Strategic Capital Group oper

PGIM has named Robert Sockin as its U.S. economist, effective immediately. With $1.5 trillion in assets under management*, PGIM is a leading global asset manager and among the largest global fixed income managers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260331581652/en/Robert Sockin, U.S. Economist, PGIM Sockin joins a deeply experienced team of economists led by PGIM Vice Chair and Chief Global Economist Daleep Singh, who rejoined the firm in April 2025 from the White House, where he served as U.S. Deputy National Security Advisor for international economics and Deputy Director of the National Economic Council. In his

PGIM, the $1.5 trillion global asset management business of Prudential Financial, Inc. ((PRU), has launched its latest brand campaign, "Keep Asking," grounded in a simple belief: The market rewards those who are willing to question assumptions, challenge convention and reach conviction that stands up to scrutiny. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260330565976/en/Watch the first video for PGIM's Keep Asking campaign here: https://youtu.be/xaQNyvvwaes The Keep Asking campaign celebrates curiosity as a catalyst for better outcomes, featuring a distinctive visual approach using Claymation-inspired animation across print

Prudential Financial, Inc. ((PRU) announced today that its Board of Directors has appointed Andrew Sullivan, currently serving as Chief Executive Officer, to the additional role of Chairman of the Board, effective March 10, 2026. Sullivan succeeds Charles Lowrey, who resigned as Executive Chairman and director on March 10. Lowrey will remain with the company as a senior advisor through the end of the second quarter, when he will retire from Prudential. During his 25 years of distinguished service to Prudential, Lowrey served as Executive Chairman beginning in 2025, Chief Executive Officer from 2018 to 2025, and Chairman from 2019 to 2025. "I'm honored that the Board has asked me to take

Prudential Financial, Inc. ((PRU) announced today that it has appointed Matthew (Matt) Armas senior vice president and chief investment officer, effective March 12, 2026. Armas joins Prudential from Goldman Sachs Asset Management, where he served as global co-head of insurance. In that role, Matt advised Goldman Sachs' global insurance clients on portfolio construction across public and private markets, with a focus on delivering long-term value through disciplined investing. Armas will succeed Timothy L. Schmidt, who will retire in 2026 after 16 years with the firm. Schmidt will stay on in an advisory capacity through Aug. 31 to ensure a smooth leadership transition. "On behalf of the e

Prudential Financial, Inc. ((PRU) announced today the appointment of Tina Madon as global head of investor relations. In this role, Madon will lead Prudential's engagement with the investor community, partnering closely with its global leadership team to articulate Prudential's evolution to a higher-growth company. Madon begins Dec. 1 and will report to Executive Vice President and Chief Financial Officer Yanela Frias. Madon joins Prudential from Lincoln Financial, where as head of investor relations she led a strategy to reposition Lincoln's shareholder base and enhance analyst coverage, and worked closely with Lincoln's executive leadership team to introduce new financial targets, a s

Lucien Alziari to retire as Chief Human Resources Officer in March 2025 Prudential Financial, Inc. (NYSE:PRU) today announced the appointment of Vicki Walia as Chief People Officer, effective March 31, 2025. Walia currently leads human resources for the company's U.S. Businesses and PGIM, Prudential's global asset management business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250210352670/en/Vicki Walia appointed Chief People Officer of Prudential Financial, effective March 31, 2025. (Photo: Business Wire) "Vicki is an exceptional leader who deeply cares about our people," said Andrew Sullivan, head of International Busin

Jacques Chappuis, formerly co-head of Morgan Stanley Investment Management, will lead PGIM, Prudential Financial, Inc.'s global asset management business, effective May 1, 2025 Chappuis will lead PGIM's next chapter of growth across public and private markets capabilities David Hunt will retire as president and CEO of PGIM and stay on as chairman until July 31, 2025 to ensure a smooth transition Over his successful 13-year tenure, Hunt led PGIM's significant growth and international expansion Prudential Financial, Inc. (NYSE:PRU) announced the appointment of Jacques Chappuis as president and CEO of PGIM, its $1.4 trillion global investment management business, effective May 1, 2025

Advent International ("Advent"), one of the largest and most experienced global private equity investors, today announced the appointment of former Ernst & Young LLP ("EY") Global Chairman and CEO Carmine Di Sibio as an Operating Partner. Di Sibio will play an active role in helping the firm identify, source and execute new deals in the business and financial services space and will work closely with Advent's team and current portfolio of investments. "We are thrilled to welcome Carmine to our growing roster of talented, specialized and hands-on Operating Partners," said Chris Egan, Managing Partner at Advent. "After a distinguished career of nearly four decades at EY, Carmine brings an in

Miami and Rockledge students will receive a $5,000 award and invitations to the 2024 summit for their work addressing the challenges of a changing world. NEWARK, N.J., Feb. 13, 2024 /PRNewswire/ -- William Charouhis, 18, of Miami, and Anjani Sharma, 17, of Rockledge, today were each named a 2024 Prudential Emerging Visionary for their inspiring commitment to improving the lives of others. As two of 25 Prudential Emerging Visionary winners, William and Anjani will each receive a $5,000 award to help take their innovation to the next level. They are also invited on an all-expens

Prudential Financial, Inc. ((PRU) announced today that Mike Estep, head of product for Group Insurance, will succeed Yanela Frias as president of its Group Insurance business following Frias' appointment as Prudential's CFO. The change is effective March 15, 2024. Estep will report to Caroline Feeney, head of Prudential's U.S. Businesses. "Mike's leadership has been instrumental in developing a long-term vision for our product strategy and driving business growth." said Feeney. "His exceptional track record and client-first approach will ensure our continued progress in positioning Group Insurance as a leader in delivering comprehensive financial solutions to our clients." Since joining

Carlino to lead firm's private alternative distribution for financial intermediaries PGIM Investments, part of PGIM, the $1.27 trillion global investment management business of Prudential Financial, Inc. ((PRU), has appointed Dominick Carlino as global head of Alternative Investments. In this newly created role, Carlino will be responsible for driving the continued development and distribution of alternative investments, tailored to wealth management needs around the globe. He will report to Stuart Parker, president and CEO of PGIM Investments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231003851744/en/"Dominick's deep und

PGIM Real Estate has appointed Cathy Marcus and Raimondo Amabile as co-chief executive officers, effective Oct. 1, 2023. Marcus and Amabile will jointly run the business in an expansion of their existing global and regional roles and having worked together for over a decade. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230906405896/en/Eric Adler, President and CEO at PGIM Real Estate (Photo: Business Wire) Marcus will retain her responsibilities as global chief operating officer, and Amabile will retain his responsibilities as global chief investment officer. In addition, the following appointments are being made effective O

Prudential Financial, Inc. ((PRU) announced today that it has appointed Nandini Mongia, currently senior vice president and treasurer, as president of Prudential Open-Architecture Solutions, effective June 19. She will report to the company's chairman and CEO, Charles Lowrey. In this new role, Mongia will lead the creation of an open-architecture platform, managing the supply and demand of asset and liability origination and overseeing Prudential's reinsurance entities and third-party strategic relationships. This new business will focus on expanding Prudential's access to serve clients through both proprietary and non-proprietary products and services. "Nandini brings a breadth of expe

PGIM Quantitative Solutions (PGIM Quant), the quantitative, multi-asset and liquid alternatives specialist of PGIM, has appointed Andy Wilmot as head of Strategic Relationships. PGIM is the $1.2 trillion global investment management business of Prudential Financial, Inc. (NYSE:PRU). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230222005026/en/Andy Wilmot, Head of Strategic Relationships, PGIM Quantitative Solutions (Photo: Business Wire) In this newly created role, Wilmot will spearhead the firm's relationship with its strategic partners and help identify new commercial opportunities across the firm's product suite. As part of

PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. ((PRU), has announced Head of PGIM Fixed Income Michael Lillard will retire in April 2024. In turn, John Vibert will be appointed as president and CEO of the $759 billion active global fixed income manager, effective Jan. 1, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230111005258/en/Michael Lillard, Head of PGIM Fixed Income, PGIM Fixed Income (Photo: Business Wire) Lillard joined Prudential in 1987 and has served in a host of investment and leadership roles throughout his tenure. In addition to assuming the head of Fixed Income

Scott Sleyster to retire as head of International Businesses during the first quarter of 2023. Executive Vice President Andy Sullivan will lead International Businesses and PGIM. Caroline Feeney promoted to executive vice president and head of U.S. Businesses. New appointments take effect Jan. 1, 2023. Prudential Financial today announced that effective Jan. 1, 2023, Andy Sullivan, currently head of U.S. Businesses, will become head of International Businesses and PGIM. In addition, Caroline Feeney, currently president and CEO of U.S. Retirement & Insurance Businesses, will be promoted to executive vice president and head of U.S. Businesses. Both will report directly to Chairman an

PGIM Quantitative Solutions (PGIM Quant), the quantitative and multi-asset solutions specialist of PGIM, has bolstered its distribution team with the appointment of Cyrus Cottin as head of International Distribution, and the promotion of Pam Clancy to head of Global Consultant Relations, effective immediately. PGIM is the US$1.3 trillion global investment management business of Prudential Financial, Inc. ((PRU). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220921005621/en/Brian Carroll, Head of Global Distribution, PGIM Quantitative Solutions (Photo: Business Wire) Based in London, Cottin reports to Brian Carroll, PGIM Quant's

PGIM Quantitative Solutions (PQS), the quantitative and multi-asset solutions specialist of PGIM, has strengthened its London based team with the appointment of Dr. Apostolos Katsaris as senior client portfolio manager for the PGIM Wadhwani investment platform, effective immediately. PGIM is the US$1.3 trillion global investment management business of Prudential Financial, Inc. ((PRU). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220810005224/en/Dr. Apostolos Katsaris, Senior Client Portfolio Manager, PGIM Wadhwani (Photo: Business Wire) Based in London, Dr. Katsaris reports to Dr. Sushil Wadhwani, chief investment officer for

PGIM Real Estate has appointed Christy Lockridge as the business's first chief diversity, equity and inclusion officer, based in Chicago. PGIM Real Estate is the $209.3 billion real estate business of PGIM, the $1.5 trillion global asset management business of Prudential Financial, Inc. ((PRU). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220421005045/en/Christy Lockridge, Chief Diversity, Equity and Inclusion Officer, PGIM Real Estate (Photo: Business Wire) Lockridge will build upon the firm's expanded commitment to advancing diversity, equity and inclusion (DEI) and will lead the business's first formal DEI office. As a 30-ye

PGIM, the $1.5 trillion global investment management business of Prudential Financial, Inc. ((PRU), continues and deepens its focus on environmental, social and governance (ESG) investing with the appointment of Eugenia Unanyants-Jackson to the newly created role of global head of ESG, effective immediately. Based in London and reporting to PGIM's chief operating officer, Taimur Hyat, Unanyants-Jackson will be responsible for shaping and coordinating ESG strategy and approach across PGIM, including chairing the PGIM ESG Council and engaging with clients, consultants, regulators, and industry associations. This press release features multimedia. View the full release here: https://www.busine

Quant specialist announces rebrand, launches Defined Contribution Solutions group PGIM, the $1.5 trillion global investment management business of Prudential Financial, Inc. ((PRU), has appointed Linda Gibson as CEO of its $119 billion quantitative equity and multi-asset solutions specialist, QMA. Gibson has been with QMA since July 2019 as chief business officer and will step into the CEO role on Oct. 15. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210916005571/en/Linda Gibson, Chief Business Officer, QMA (Photo: Business Wire) "Linda brings nearly thirty years of global leadership experience across multiple business functio