1st Aug 2007 07:02
Prudential PLC01 August 2007 Wednesday 1 August 2007 Prudential plc announces the appointment of Sir Win Bischoff and Ann Godbehereas non-executive directors Prudential plc is pleased to announce the appointment of Sir Win Bischoff andAnn Godbehere as non-executive directors. They will join the Board on 2 August2007. Sir Win Bischoff has been Chairman of Citigroup Europe since 2000 and waspreviously Group Chief Executive and then Chairman of Schroders plc. AnnGodbehere has worked in the insurance sector since 1976, most recently as GroupChief Financial Officer of Swiss Re. Sir David Clementi, Chairman, Prudential plc said: "I am delighted to welcomeboth Win and Ann to Prudential. Both bring enormous experience and insight thatwill strengthen our Board. "Win has a wealth of experience in financial markets. During his career he haslived in New York, Hong Kong and London and has deep knowledge of the threegeographic areas that Prudential operates in. Ann has significant experience inthe financial management of insurance companies which will be of great benefitto the Group." ENDS Enquiries: Media Investors/Analysts Jon Bunn +44 20 7548 3559 James Matthews +44 20 7548 3561 Carole Butcher +44 20 7548 3719 Marina Novis +44 20 7548 3511 Notes to Editors: 1. About Sir Win Bischoff Sir Winfried (Win) Franz Wilhelm Bischoff is Chairman of Citigroup Europe and aMember of The Management and Operating Committees of Citigroup Inc. He isChairman of the European Advisory Board of Citigroup Inc (2000 - ). Sir Winjoined the Company Finance Division of J. Henry Schroder & Co. Limited, London,in 1966. In 1971, he was appointed as Managing Director of Schroders AsiaLimited, Hong Kong. He returned to London in January 1983, and was appointed Chairman of J. HenrySchroder & Co. in October 1983. He was appointed Group Chief Executive ofSchroders plc in December 1984 and as Chairman of Schroders plc in May 1995.Following the acquisition of Schroders' investment banking business by SalomonSmith Barney, Inc., a subsidiary of Citigroup Inc., he assumed his presentposition in May 2000. Sir Win was a non-executive Director of Cable and Wireless plc from 1991 - 2003and subsequently Deputy Chairman (1995 - 2003). His other non-executivedirectorships included: IFIL - Finanziaria di Partecipazioni SpA, Italy(1999-2004) and Siemens Holdings Plc (2001-2003). Currently he is a Non-Executive Director of The McGraw-Hill Companies, New York,of Land Securities plc since October 1999, and of Eli Lilly and Company,Indianapolis since June 2000. 2. About Ann Godbehere Ann Godbehere is Canadian. She started her career in 1976 with Sun Life ofCanada, joining Mercantile & General Reinsurance Group (M&G) in 1981. She held anumber of management roles at M&G, rising to Senior Vice President andController for life and health and property/casualty businesses in North Americain 1995. Swiss Re bought M&G in 1996 and Ann Godbehere, became Chief FinancialOfficer of Swiss Re Life & Health, North America. In 1997 she was made ChiefExecutive Officer of Swiss Re Life & Health, Canada. She moved to London asChief Financial Officer of Swiss Re Life & Health Division in 1998 and joinedProperty & Casualty Business Group, based out of Zurich, as Chief FinancialOfficer on its establishment in 2001. She was appointed Chief Financial Officerof the Swiss Re Group in 2003. Ann Godbehere qualified as a Certified General Accountant in Canada in 1983 andwas made a Fellow of the Association in 2003 3. About Prudential Prudential plc is a company incorporated and with its principal place ofbusiness in England, and its affiliated companies constitute one of the world'sleading financial services groups. It provides insurance and financial servicesdirectly and through its subsidiaries and affiliates throughout the world. Ithas been in existence for over 150 years and has £256 billion in assets undermanagement as at 30 June 2007. Prudential plc is not affiliated in any mannerwith Prudential Financial, Inc, a company whose principal place of business isin the United States of America. Forward-Looking Statements This statement may contain certain "forward-looking statements" with respect tocertain of Prudential's plans and its current goals and expectations relating toits future financial condition, performance, results, strategy and objectives.Statements containing the words "believes", "intends", "expects", "plans", "seeks" and "anticipates", and words of similar meaning, are forward-looking. Bytheir nature, all forward-looking statements involve risk and uncertaintybecause they relate to future events and circumstances which are beyondPrudential's control including among other things, UK domestic and globaleconomic and business conditions, market related risks such as fluctuations ininterest rates and exchange rates, and the performance of financial marketsgenerally; the policies and actions of regulatory authorities, the impact ofcompetition, inflation, and deflation; experience in particular with regard tomortality and morbidity trends, lapse rates and policy renewal rates; thetiming, impact and other uncertainties of future acquisitions or combinationswithin relevant industries; and the impact of changes in capital, solvency oraccounting standards, and tax and other legislation and regulations in thejurisdictions in which Prudential and its affiliates operate. This may forexample result in changes to assumptions used for determining results ofoperations or re-estimations of reserves for future policy benefits. As aresult, Prudential's actual future financial condition, performance and resultsmay differ materially from the plans, goals, and expectations set forth inPrudential's forward-looking statements. Prudential undertakes no obligation toupdate the forward-looking statements contained in this statement or any otherforward-looking statements it may make. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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