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
Tidjane Thiam in charge of privatising extensive state-owned assets. In August 1998, in addition to his role at the BNETD, where he became chairman, Thiam formally joined the cabinet and was appointed Minister of Planning and Development. In his years in Côte d'Ivoire, Thiam promoted private sector involvement in infrastructure development. He implemented flagship projects including the Azito power plant (nominated by the Financial Times as one of the boldest successful investment decisions in the world, the renovation of Abidjan airport and the construction of the Riviera Marcory toll bridge, whose financing was closed a few days before the 1999 coup. One