Tidjane Thiam and Harvey McGrath began to fight back yesterday against calls for their resignations as chief executive and chairman of Prudential yesterday as they canvassed major investors over the failure to land a deal for AIA.
Mr Thiam and the Pru board will face a public grilling on the audacious $35.5bn tilt by the UK life assurer at the Asian -businesses of AIG and on their strategy for the future at the annual shareholders meeting on Monday.
Mr Thiam and other senior executives were left bruised and shell-shocked by the events of recent days and some vociferous de-mands for resignations, according to people close to the group.
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