SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of October, 2006
PRUDENTIAL PUBLIC LIMITED COMPANY
(Translation of registrant's name into English)
LAURENCE POUNTNEY HILL,
LONDON, EC4R 0HH, ENGLAND
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F X Form 40-F
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-
Enclosures: Appointment of Egg CEO
Date: 13 October 2006
PRUDENTIAL PLC ANNOUNCES THE APPOINTMENT OF IAN KERR AS CHIEF EXECUTIVE OF EGG
The Board of Prudential plc ("Prudential") announces the appointment of Ian Kerr
as Chief Executive of Egg.
Ian Kerr, who was previously Chief Executive Retail Banking for Halifax Bank of
Scotland plc, will join Prudential in November 2006.
Ian was appointed Group Services Director of HBOS in 2001, before being promoted
to Chief Executive Retail Banking in 2004. He was previously Chief Executive of
Birmingham Midshires.
Nick Prettejohn, Chief Executive, Prudential UK, said:
"Ian's background and experience mean that he is very well-suited to lead the
business through its next stage of development and help deliver the integration
between Egg and our UK insurance business. Ian has extensive experience in
retail banking and we are delighted to welcome him to the Group.
"I would also like to thank Mark for the very significant contribution he has
made to Egg over the years. We wish him all the best in his new role."
Ian Kerr said:
"I am delighted to be joining Prudential at this exciting time in the Group's
development, and I look forward to working with the team. Egg is a leading brand
and my challenge is to drive its profitable growth while exploiting its
significant value as part of Prudential's broader customer and distribution
strategy."
- ENDS -
Enquiries:
Media Investors/Analysts
Jon Bunn 020 7548 3559 James Matthews 020 7548 3561
William Baldwin-Charles 020 7548 3719
Notes to Editor:
1. About Ian Kerr, Chief Executive, Egg.
Mr Ian Kerr was previously Chief Executive of UK Retail Banking at HBOS plc, a
position he held since 2004. Previously, he was Group Services Director of HBOS.
Ian was Chief Executive of Birmingham Midshires when it was acquired by the
Halifax Group in 1999 and had been with the company since 1989.
Ian is a fellow of the Chartered Association of Certified Accountants, is a
member of the Institute of Directors and is a Member of Visa Board Europe.
2. About Prudential
*Prudential plc, a company incorporated and with its principal place of business
in the United Kingdom, and its affiliated companies constitute one of the
world's leading financial services groups. It provides insurance and financial
services directly and through its subsidiaries and affiliates throughout the
world. It has been in existence for over 150 years and has GBP238 billion in
assets under management, as at 30 June 2006. Prudential plc is not affiliated in
any manner with Prudential Financial, Inc, a company whose principal place of
business is in the United States of America.
Forward-Looking Statements
This statement may contain certain "forward-looking statements" with respect to
certain of Prudential's plans and its current goals and expectations relating to
its 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. By
their nature, all forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances which are beyond
Prudential's control including among other things, UK domestic and global
economic and business conditions, market related risks such as fluctuations in
interest rates and exchange rates, and the performance of financial markets
generally; the policies and actions of regulatory authorities, the impact of
competition, inflation, and deflation; experience in particular with regard to
mortality and morbidity trends, lapse rates and policy renewal rates; the
timing, impact and other uncertainties of future acquisitions or combinations
within relevant industries; and the impact of changes in capital, solvency or
accounting standards, and tax and other legislation and regulations in the
jurisdictions in which Prudential and its affiliates operate. This may for
example result in changes to assumptions used for determining results of
operations or re-estimations of reserves for future policy benefits. As a
result, Prudential's actual future financial condition, performance and results
may differ materially from the plans, goals, and expectations set forth in
Prudential's forward-looking statements. Prudential undertakes no obligation to
update the forward-looking statements contained in this statement or any other
forward-looking statements it may make.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date 13 October 2006
PRUDENTIAL PUBLIC LIMITED COMPANY
By: /s/ Jon Bunn
Jon Bunn
Director of Public Relations