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.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...