Leading institutional shareholders in the Prudential have called a meeting with the UK assurer to raise concerns over Tidjane Thiam's role as chief executive following the collapse of its $35.5bn bid for the Asian assets of AIG.
Members of the UK's National Association of Pension Funds, which collectively own about 12 per cent of the London stock market, are set to meet with the Pru on June 22 to discuss whether a broad shake-up of the board is needed.
Several institutional investors have asked to meet James Ross, senior independent director on the Pru board, to air concerns.
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