Prudential chairman Harvey McGrath to retire

clock

Prudential have announced that chairman Harvey McGrath is to retire from the board of directors in 2012 once a successor has been found.

He was appointed as a non-executive director in September 2008 and became chairman in January 2009. Non-executive director Kathleen O'Donovan will also retire next year on 31 March. McGrath said he was stepping down to devote more time to other interests, including charity work. "It has been a great honour to chair the board of Prudential, but it has been essentially a full-time job and I feel the time is coming when my other commitments deserve more of my time and energy," he said. "Prudential is performing very well, there is a strong and reinvigorated Board in place and we are f...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Why the lead-up to the Budget may have been worse than the Budget itself

Why the lead-up to the Budget may have been worse than the Budget itself

What Rachel Reeves and Dr Evil have in common

Laith Khalaf
clock 13 November 2024 • 4 min read
Bank of England meets expectations with 25 basis point rate cut to 4.75%

Bank of England meets expectations with 25 basis point rate cut to 4.75%

'Continued progress' on disinflation

Valeria Martinez
clock 07 November 2024 • 2 min read
'Budget will be a reset for our economy' Reeves tells IMF colleagues

'Budget will be a reset for our economy' Reeves tells IMF colleagues

Autumn Budget on 30 October

Linus Uhlig
clock 24 October 2024 • 2 min read