Overseas Regulatory Announcement - Statement From Prudential
Prudential notes recent press speculation in relation to the Group.
Prudential regularly reviews its range of options to maximise the strategic flexibility of the Group. This includes consideration of optimising the Group's domicile, including as a possible response to an adverse outcome on Solvency II.
There continues to be uncertainty in relation to the implementation of Solvency II and implications for the Group's businesses. Clarity on this issue is not expected in the near term.
By order of the Board
Margaret Ann Coltman
27 February 2012, Hong Kong
As at the date of this announcement, the Board of Directors of Prudential plc comprises:
Harvey Andrew McGrath
Cheick Tidjane Thiam (Group Chief Executive), Nicolaos Andreas Nicandrou ACA, Robert Alan Devey, John William Foley, Michael George Alexander McLintock, Barry Lee Stowe and Michael Andrew Wells
Independent Non-executive Directors
Keki Bomi Dadiseth FCA, Sir Howard John Davies, Michael William Oliver Garrett, Ann Frances Godbehere FCGA, Alexander Dewar Kerr Johnston CMG, Paul Victor Falzon Sant Manduca, Kaikhushru Shiavax Nargolwala, Kathleen Anne O’Donovan ACA and Lord Andrew Turnbull KCB CVO
* For identification purposes