Mark Tucker, Prudential plc group chief executive officer, announced his resignation today (Mar 19) as the company posted a net loss of 396 million pounds compared to a 947 million pounds net profit the year earlier, when calculated according to the basis of International Financial Reporting Standards (IFRS). The company announced chief financial officer Tidjane Thiam will take over the position effective Oct 1. Mark was an executive director of Prudential from 1999 to 2003, and from 1993 to 2003 he was Chief Executive of Prudential Corporation Asia.
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