Prudential Assurance Company Limited Announcement
12 June 2015
Prudential Assurance Company Limited (PAC) today announces that Clive Adamson has been appointed to the Board as an Independent Non-Executive Director, effective from 8 June 2015. He will also chair the Risk & Capital Committee of the Board.
Mr Adamson was Head of Supervision and a member of the Board at the Financial Conduct Authority (FCA) until December 2014 and before that he held a number of senior roles at the Financial Services Authority (FSA). He brings to the role a wealth of experience and understanding of the UK insurance industry and its regulatory framework.
Mr Adamson said: “With the fast pace of regulatory change in the UK I am looking forward to adding further rigor and insight to the PAC Board, to maintain the focus on strong financial and capital discipline, and achieving good outcomes for customers, while continuing to achieve high standards of good corporate governance.”