Mike Wells (businessman) 20 years in a variety of senior positions at Jackson. He was appointed as Jackson's CEO in January 2011, at which time he also joined the board of Prudential, Jackson's UK-based parent company. During Wells's four-year tenure as CEO of Jackson, it became the largest seller of variable annuities in the US. In June 2015, Wells succeeded Tidjane Thiam (who left to become CEO of Credit Suisse), on a pay package worth up to £7.5 million. In March 2016, he announced Prudential's first full-year results since taking over as CEO, showing that the group made operating profits of £4billion in
Oracle Financial Services Software part-funded the transaction through a preferential share allotment to majority shareholder Oracle Corporation. On 12 January 2007, after an open offer price to minority shareholders, Oracle increased its stake in i-flex to around 83%. On 4 April 2008, Oracle changed the name of the company to Oracle Financial Services Limited. On 24 October 2010, Oracle announced the appointment of Chaitanya M Kamat as Managing Director and CEO of Oracle Financial Services Software Limited. . The outgoing CEO and MD, N.R.K.Raman retired from these posts after 25 years of service. Now Oracle Financial Services Software Limited is a major part of