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
Doudou Thiam Resolution 13/106 of 10 December 1981. He was appointed to that position in 1982 and served in that capacity between 1983 and 1995. His contribution included preparation of 13 reports for the Commission containing detailed analysis, texts and commentaries until completion of the Code containing 20 draft articles in 1996. He also held several offices on the Commission, including the post of Chairman of the Commission. Doudou Thiam Doudou Thiam (3 February 1926 – 6 July 1999) was a Senegalese diplomat, politician and lawyer. Thiam was the first ever foreign minister of independent Senegal (1960–1962) and the third (1962–1968). From