A former chairman of NHS England is among the many candidates being thought of as the subsequent chair of Prudential, the FTSE 100 insurance coverage group.
Metropolis sources mentioned on Wednesday that the search course of was at a sophisticated stage, though it was unclear what number of candidates remained in talks with the corporate and its advisers.
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Mr Meddings can be a logical selection for the job, given his intensive boardroom expertise and, extra importantly, his tenure as chief monetary officer of Customary Chartered, the rising markets lender.
Though it’s listed in London, the Pru not has any significant UK operations, having demerged M&G Investments in 2019.
It’s now an Asia-led monetary companies group, with a market capitalisation of simply over £28bn.
The Pru is within the technique of taking its Indian three way partnership public by way of a separate itemizing, a choice which has prompted an increase in its personal share value.
Mr Meddings was chairman of NHS England for 3 years, having been appointed in 2022.
His different public service roles have included a seven-year stint as a non-executive director of the Treasury.
A spokesman for Prudential declined to remark, whereas Mr Meddings didn’t reply to a request for remark.
