Tidjane Thiam 2011 AGM with a 99.3 per cent vote. The company's performance since the bid appears not to have been damaged by its failure - in the first nine months of 2011, Prudential delivered a 14 per cent increase in new business profits over the same period in 2010, with total insurance sales increasing by 10 per cent, while in its full-year results for 2013, Prudential delivered an IFRS operating profit of £2.95 billion, up 17 per cent from the year before. In March 2013, the Financial Services Authority fined Prudential £30m and censured its CEO, Thiam, for failure to inform
Tidjane Thiam it of its plans to buy AIA and failure of dealing with the FSA in an open and cooperative manner. Thiam was appointed the chief executive officer (CEO) of Swiss investment bank and financial services company, Credit Suisse Group AG on 10 March 2015. An hour after his appointment was announced, the company stock increased by 7.5%. During his first two years, he led the bank through a restructuring process cutting costs and jobs. His compensation was US$9.9 million in 2016 and $10.2 million in 2017. His pay was originally scheduled to be $11.2 million in 2017, however it was