Source: Media Outreach
Headline: Prudential Corporation Asia announces the appointment of Robin Spencer as Chief Operating Officer
HONG KONG, CHINA – Media OutReach – 12 March 2018 –Prudential Corporation Asia (“PCA”) (2378.HK), a business unit ofPrudential plc (“Prudential”), a UK-based financial services group, hasappointed Robin Spencer as Chief Operating Officer. Robin Spencer, Designated Chief Operating Office, Prudential Corporation Asia
As a member of thePCA Executive Team, Robin’s primary responsibility will be ensuring that PCAhas a scalable and efficient operating model to deliver on the business’strategic agenda.
Robin will lead theevaluation and implementation of opportunities to leverage the Company’s businessscale across Asia and Africa, delivering greater levels of efficiencies. He will also lead the production of anoperational blueprint for the overall business; implementing a framework for PCAto optimise key business investments.
Robin joins thebusiness from NN Group in the Netherlands, where he is Chief Executive OfficerInternational Insurance, with responsibility for the European, Japanese andreinsurance businesses. At NN, he has focused on building great teams withstrong execution capability. The businesses under Robin’s leadership have significantlygrown both sales and profits, by focusing on digitalising customerpropositions, driving straight through processes, building bancassurancepartnerships and driving protection business.
Before joining the NNGroup, Robin was Chief Executive Officer of Aviva UK & Ireland GeneralInsurance and was previously the Chief Risk Officer of the Aviva Group. He hasover 20 years’ experience in the insurance industry across life, non-life andasset management in the UK, Europe, North America and Asia.
Nic Nicandrou, CEOfor PCA said: “I am delighted that Robin will be joining the business. Robinbrings a wealth of experience and a proven track record of delivery acrossregions. He has driven transformation across the different businesses he hasled, by harnessing growth opportunities and improving business scalability andefficiency; all of which are key priorities to the success of PCA.”
Robin Spencer said:“This is an exciting opportunity for me. Not only am I joining a business,which plays a key role in the growth of the Prudential Group; I also have theprivilege of being part of a new team that aspires to drive significant growthand set new standards for customers across Asia.”
Robin will join PCA on1 July 2018.
AboutPrudential Corporation Asia (“PCA”)
PCA is abusiness unit of Prudential plc* (United Kingdom), comprising its lifeinsurance operations in Asia and its asset management business, EastspringInvestments. It is headquartered in Hong Kong.
PCA is aleading life insurer that spans 12 markets in Asia, covering Cambodia, China,Hong Kong, India, Indonesia, Laos, Malaysia, the Philippines, Singapore,Taiwan, Thailand and Vietnam. Prudential has a robust multi-channeldistribution platform providing a comprehensive range of protection, savingsand investment products to meet the diverse needs of Asian people.
EastspringInvestments manages assets on behalf of retail and institutional investors. Itis one of the region’s largest asset managers, with a presence in 10 majorAsian markets as well as distribution offices in the US and Europe. It has £131billion in assets under management (as at 30 June 2017) and provides investmentsolutions across a broad range of asset classes.
*Prudential plc is incorporated in England and Wales, and itsaffiliated companies constitute one of the world’s leading financial servicesgroups. It provides insurance and financial services through its subsidiariesand affiliates throughout the world. It has been in existence for 169 years andhas £635 billion in assets under management (as at 30 June 2017). Prudentialplc is not affiliated in any manner with Prudential Financial, Inc, a companywhose principal place of business is in the United States of America.
Prudential plc is listed on the stock exchanges of London (PRU.L), HongKong (2378.HK), Singapore (K6S.SG) and New York (PUK.N).
Before joining Prudential Corporation Asia Robin Spencer was Chief Executive Officer International Insurance, appointedon 1 September 2014. He had responsibility for NN’s Insurance Europe, JapanLife, Japan Closed Block VA and NN Re businesses. Robin was previously ChiefExecutive Officer of Aviva UK & Ireland General Insurance. He has over 20years’ experience in the insurance industry across life, nonlife and assetmanagement in the UK and internationally. Robin Spencer has an MA in Economicsfrom Aberdeen University (UK) and is a Chartered Management Accountant (ACMA).
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