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Prudential Appoints Group Chief Risk Officer

Jaclyn Jaeger | December 20, 2010

UK insurer, Prudential, has appointed John Foley as group chief risk officer and an executive director on the board of the company, effective Jan. 1, 2011. He will succeed Thibaut Maire, who has decided to leave to join UK banking group, HSBC.

Foley joined Prudential as deputy group treasurer in 2000, before being appointed managing director of Prudential Capital and group treasurer in 2001. He was appointed chief executive of Prudential Capital and to the group executive committee in 2007.

Prior to joining Prudential, Foley spent three years with National Australia Bank as general manager, Global Capital Markets. He began his career at Hill Samuel & Co., where he worked in every division of the bank over a 20-year period, culminating in senior roles in risk, capital markets, and treasury of the combined TSB and Hill Samuel Bank.

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