The chief executive of Prudential Corporation Asia is stepping down from the role, his replacement has been confirmed.
After more than 10 years with the firm, Prudential's top man in Asia Tony Wilkey is to step down in July the company said on its website.
Until becoming CEO of Prudential Corporation Asia in 2015, Wilkey was chief executive of Prudential Corporation Asia's life insurance operations. He joined Prudential in 2006 after previously serving as chief operating officer of American International Assurance (AIA), based in Hong Kong, overseeing AIA’s life companies in South-east Asia.
Replacing him will be Prudential’s group chief financial officer Nic Nicandrou, who will subsequently be replaced by Deloitte U.K.’s Mark FitzPatrick.
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Nicandrou joined Prudential in 2009 as chief financial officer, prior to that he worked at Aviva, where he held a number of senior roles. Since 2015, he has been the executive director responsible for Prudential’s African insurance operations. He is also a director of The Prudential Assurance Company. He began his career at PricewaterhouseCoopers.
FitzPatrick is currently a managing partner of Deloitte U.K. and a member of its executive committee. He has 26 years’ global industry experience, and his roles at Deloitte have included leading the chief financial officer training programme and the insurance and investment management audit practice.
FitzPatrick will join the Board of Prudential in the summer and Wilkey will remain with the business to support an orderly transition, the appointment has received regulatory approval.
