Tidjane Thiam an executive director, sitting on the plc board. In January 2007, after Richard Harvey announced he would step down as chief executive of Aviva, Thiam was tipped as a possible future head of the group. Thiam left Aviva in September 2007 to become chief financial officer of Prudential plc. In March 2009, Thiam was named chief executive, effective from October, after Mark Tucker chose to step down. The appointment made him the first African to lead a FTSE 100 listed company. His departure from the role was announced on 10 March 2015. After he became chief executive, Prudential launched a
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