Prudential plc Tidjane Thiam as CEO, on a pay package worth up to £7.5 million. In August 2017, it was announced that Prudential was to combine its asset manager, M&G, and Prudential UK & Europe to form M&G Prudential. In November 2017, Prudential announced the change in the name of its joint venture with Chinese investment company CITIC to "CITIC Prudential Life Insurance Company Limited". In March 2018, Prudential announced that it would demerge M&G Prudential from the Group. The Company has three business units: Prudential RideLondon is an annual two-day cycling festival, held for the first time in 2013. The 2017
FTSE 100 Index nowadays is largely obsolete due to its redundancy. It is similar to the Dow Jones Industrial Average, and companies listed are from the industrial and commercial sectors. Financial sector companies and government stocks are excluded. Of the original constituents, four are currently in the FTSE 100: Guest Keen & Nettlefolds (GKN), Tate & Lyle, Imperial Tobacco and Rolls-Royce, although Rolls-Royce has not been continuously listed and Imperial Tobacco was a subsidiary of Hanson for a number of years. ICI was removed when it was taken over by Akzo Nobel in January 2008. Two of the original FT 30 companies are