Prudential Financial announces additional appointments as part of leadership succession plan
September 19 2018 - 6:00AM
Business Wire
Scott Sleyster appointed EVP and Head of International
Businesses
Ken Tanji appointed EVP and Chief Financial Officer
Prudential Financial, Inc. (NYSE:PRU) today announced that its
Board of Directors has approved the appointment of Scott Sleyster
to executive vice president and chief operating officer,
International Businesses of Prudential, and Ken Tanji to executive
vice president and chief financial officer. These appointments
follow the Prudential leadership succession plan announced last
week.
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Scott Sleyster (Photo: Business Wire)
Sleyster, who has served as senior vice president and chief
investment officer since 2012, will report to Charles Lowrey, the
Prudential CEO and chairman-elect, in his new role. Sleyster
previously served as head of Prudential’s Full-Service Retirement
business, president of Prudential’s Guaranteed Products business,
and chief financial officer of Prudential’s Employee Benefits
Division, and other leadership roles during his 31-year tenure with
the company.
Tanji, who has served as senior vice president and treasurer
since 2013, will report to vice chairman Robert Falzon. Before
becoming treasurer, Tanji served as chief financial officer of
Prudential’s International Businesses. In his 30-year tenure with
the company, he has held a variety of finance leadership positions,
including within Prudential Annuities, Prudential Investment
Management (now PGIM) and Prudential Securities.
Sleyster and Tanji will join the Prudential executive leadership
team as executive officers.
Said CEO and chairman-elect Charles Lowrey, “Scott and Ken bring
an important mix of investing, finance and market acumen, as well
as global perspective, to the executive leadership team.”
“This next phase of leadership appointments underscores the
depth and strength of our talent, as well as the thoughtful
approach we are taking to succession,” said Vice Chairman Mark
Grier.
Additionally, Timothy Schmidt, Prudential’s head of Global
Portfolio Management, will be elevated to chief investment officer,
reporting to Robert Falzon. He has served for eight years in
leadership positions within Prudential’s Chief Investment Office
and previously served as CFO of MetLife’s Individual Business.
Nandini Mongia, currently CFO of Prudential Retirement, will be
elevated to Prudential’s treasurer, reporting to Ken Tanji. Prior
to joining Prudential in 2017, Mongia was an investment banker at
firms including Deutsche Bank and Credit Suisse, and previously
served in business planning and management consulting roles.
All roles will be effective December 1, 2018.
About Prudential
Prudential Financial, Inc. (NYSE:PRU), a financial services
leader with more than $1 trillion of assets under management as of
June 30, 2018, has operations in the United States, Asia, Europe
and Latin America. Prudential’s diverse and talented employees are
committed to helping individual and institutional customers grow
and protect their wealth through a variety of products and
services, including life insurance, annuities, retirement-related
services, mutual funds and investment management. In the U.S.,
Prudential’s iconic Rock symbol has stood for strength, stability,
expertise and innovation for more than a century. For more
information, please visit www.news.prudential.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180919005338/en/
Prudential Financial, Inc.Laura
BurkeLaura.Burke@prudential.com
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