Prudential plc has announced the appointment of Naveen Tahilyani as Regional CEO for India, Africa, the Philippines, Cambodia, Laos, and Myanmar, effective 29 July. This follows Solmaz Altin’s decision to return to Europe. Concurrently, Rajeev Mittal has been named CEO of Eastspring Investments, Prudential’s asset management arm, starting 1 July, succeeding Bill Maldonado, who is retiring to the UK.
Naveen Tahilyani, who will be based in India, joins Prudential’s Group Executive Committee and will report to CEO Anil Wadhwani. He brings extensive experience from his previous roles as Managing Director and CEO of Tata Digital and Tata AIA, and his 17-year tenure at McKinsey advising financial institutions across Asia.
Rajeev Mittal, based in Singapore, will also join the Group Executive Committee and report to Wadhwani. With over 30 years in asset management, Mittal previously led Fidelity International’s Asia operations and held senior roles at AIG and PineBridge Investments.
Anil Wadhwani expressed confidence in Tahilyani’s ability to drive growth in key markets, stating, “I am confident Naveen is the right leader in the right location to deliver the impact we need.” On Mittal’s appointment, Wadhwani noted, “Rajeev’s deep expertise in the Asian markets positions him exceptionally well to drive the continued growth and success of Eastspring.”
Bill Maldonado will remain an adviser until September, ensuring a smooth transition, and will continue as a Board member of ICICI Prudential Asset Management Company Limited.
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