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
Financial Services and Markets Tribunal Financial Services and Markets Tribunal The UK Financial Services and Markets Tribunal was an independent judicial body established under Section 132 of the Financial Services and Markets Act 2000, which heard references arising from decision notices issued by the Financial Services Authority (FSA). In April 2010 the Tribunal was abolished and its functions transferred to the Upper Tribunal. Examples of such decisions which the Tribunal could review included: There were 8 legally qualified chairmen (including Stephen Oliver QC, the President), and 19 lay members with special experience of the financial sector, all appointed by the Lord Chancellor. Appeal against decisions