A renowned 25-year Citi banker has reemerged to join major insurer Prudential.
Prudential has appointed Angel Ng as regional CEO, Greater China, customer and wealth, according to a statement. She will also join the group executive committee, effective October 1. Based in Hong Kong, she will report to CEO Anil Wadhwani.
Ng has 25 years of financial services experience with Citi. She was most recently head of the US lender’s Asia North & Australia clusters including China, Hong Kong, Taiwan, Korea, Australia and New Zealand. She previously held other senior roles at Citi including Asia head of global wealth as well as CEO of Hong Kong and Macau.
«Angel’s deep experience in Greater China, distribution, customer and wealth management, combined with her entrepreneurial mindset, make her the ideal candidate to lead the Greater China markets, in addition to spearheading the group-wide Customer pillar and Wealth enabler,» commented Wadhwani.
Predecessor Retires
Prudential also announced the retirement of Lilian Ng, managing director, strategic business group, after 30 years with the insurer. She was appointed as chief executive, insurance, Asia in 2015 before becoming a member of the group executive committee in July 2022, managing the firm's Greater China business.
Lilian Ng will remain in her current role until the end of the year to facilitate a seamless transition. She will then become an advisor to the CEO until June 2025.
