Prudential confirms previously announced leadership changes

Prudential confirmed the previously announced leadership transition, with Group Chief Executive Mike Wells stepping down at the end of March 2022. Prudential has completed its strategic restructuring focused on Asia and Africa, reporting 2021 ongoing business APE sales of USD 4.194 billion, an 8% year-on-year increase at constant exchange rates. Prudential's 2021 ongoing business new business profit reached USD 2.526 billion, a 13% year-on-year increase at constant exchange rates.