Prudential’s new chief executive Anil Wadhwani said he would “do things differently” at the FTSE 100 insurer by investing in fast-growing markets across Asia and Africa and prioritising dividends.
It is the first time Wadhwani, who took over the group in February, has publicly set out his plan for the company, which has gone through a turbulent restructuring and shed its US and European operations.
His remarks came as Prudential reported its results for the first half of the year on Wednesday. New business profits, an important measure of predicted earnings on newly sold products, rose 39 per cent to $1.5bn, slightly above analysts’ expectations.
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