Tidjane Thiam bid for AIA, the Asian wing of the crisis-stricken AIG. A public battle ensued, with some investors complaining about the $35.5 billion price Prudential was offering to pay. The bid eventually failed, after the AIG board rejected a revised lower bid. AIA was later floated on the Hong Kong Stock Exchange, and the value of the company quickly rose above Prudential’s original bid price. Thiam came under strong personal criticism following the failure of the bid, partly as a result of the costs incurred by the company in pursuing the bid. However, he was re-elected as CEO at the May
Katherine Garrett-Cox in rural Angus. In 2014, she was made a Commander of the Order of the British Empire (CBE), "For services to the Asset Management Industry and charitable service through the Baring Foundation." Katherine Garrett-Cox Katherine Lucy Garrett-Cox CBE (born November 1967) is a British business executive. She is the managing director and CEO of the UK subsidiary for the Gulf International Bank of Bahrain. She was previously CEO of Alliance Trust, a FTSE 250 publicly traded investment and financial services company, headquartered in Dundee, Scotland. Katherine Lucy Garrett-Cox was born in November 1967. She was educated at St Mary's School,