Prudential's CFO James Turner Resigns; Ben Bulmer Named as Replacement
31 May 2023 - 4:35PM
Dow Jones News
By Elena Vardon
Prudential on Wednesday said its Chief Financial Officer James
Turner is stepping down and that it has named Ben Bulmer to the
role.
The insurance-and-investment business said Turner resigned after
twelve years in the business in light of an investigation into a
code of conduct issue linked to a recent recruitment situation.
"The group sets itself high standards and Mr Turner fell short
on this occasion," it said. He will remain available for four
months to support a smooth transition, it added
Prudential said there aren't any implications for the financial
performance, reporting or operations of the business.
Bulmer, who is currently CFO of the group's insurance and asset
management branch, has held several leadership positions across the
finance function since joining the company in 1997, it added.
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
May 31, 2023 02:20 ET (06:20 GMT)
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