Prudential PLC
22 December 2003
Embargo: 09.00 hrs on Monday 22 December 2003
PRUDENTIAL PLC BOARD APPOINTMENT
Prudential plc ('Prudential') is very pleased to announce that Mark Norbom is to
join the Board on 1 January 2004 as Chief Executive, Prudential Corporation
Asia.
Mr Norbom, aged 45, joins from General Electric ('GE') where he was President
and Chief Executive Officer of GE Japan. He has spent the last 10 years with GE
in Taiwan, Indonesia, Thailand and Japan. Prior to that, his career was with GE
in various posts in the United States.
Jonathan Bloomer, Group Chief Executive of Prudential, said: 'I am delighted
that we have been able to recruit Mark. He has a great track record including
responsibility for a number of consumer and commercial finance businesses and,
in his most recent post, country responsibility for a range of companies in
Japan. Coupled with the fact that he has lived and worked in Asia for over a
decade, this makes him ideally suited for this job. I am very much looking
forward to working with him.'
Mark Norbom said: 'I am extremely excited about the prospect of joining the
Prudential team and leading the Asian operations. This role is a great fit with
my experience in Asia and I look forward to continuing the growth of what is
already an impressive set of businesses.'
-ENDS-
Enquiries to:
Media Investors/Analysts
Geraldine Davies 020 7548 3911 Rebecca Burrows 020 7548 3537/
Steve Colton 020 7548 3721 07718 637264
Laura Presland 020 7548 3511
Notes to Editors:
1. Prudential Corporation Asia
Prudential Corporation Asia (PCA) is the leading European life insurer in Asia
with 23 life and fund management businesses operating in 12 countries: China,
Hong Kong, India, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore,
Taiwan, Thailand and Vietnam.
2. Mark Norbom's biographical details
Mark joined GE and held various finance positions until 1989, when he moved to
GE Capital and spent several years in European and Asian business development
roles focusing on developing financial services businesses in Indonesia, Hong
Kong and Thailand. In 1993, Mark was appointed Head of GE Capital Taiwan and in
1995, he was moved to Country President of GE Capital Indonesia. In 1998, he was
named CEO of GE Capital Thailand and National Executive of GE Thailand. In March
2000, Mark was appointed President and CEO of GE Capital Japan and in early
2001, he was appointed President and CEO for GE Japan.
In his role as Chief Executive of Prudential Corporation Asia, Mark will be
responsible for Prudential's 23 Asian operations in 12 countries serving more
than four million customers. He will live in Hong Kong with his wife and two
children.
Mark was born on 20 February 1958 in Washington DC. He graduated magna cum laude
from Pennsylvania State University with a B.S. degree in Economics in 1980.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.