Tidjane Thiam 2011 AGM with a 99.3 per cent vote. The company's performance since the bid appears not to have been damaged by its failure - in the first nine months of 2011, Prudential delivered a 14 per cent increase in new business profits over the same period in 2010, with total insurance sales increasing by 10 per cent, while in its full-year results for 2013, Prudential delivered an IFRS operating profit of £2.95 billion, up 17 per cent from the year before. In March 2013, the Financial Services Authority fined Prudential £30m and censured its CEO, Thiam, for failure to inform
Financial Services Roundtable services companies with additional C-Suite level executive representatives from each company. The current President and CEO of the Financial Services Roundtable is Tim Pawlenty, a former governor of Minnesota. In 1993, the Bankers Roundtable was formed because the 81-year-old Association of Reserve City Bankers and the 35-year-old Association of Registered Bank Holding Companies merged. In 2000, after a decision by the Board of Directors the previous year to "broaden the mission to represent integrated financial service providers...the Roundtable's impact as a major player on Capitol Hill and with the regulators", the name was changed to The Financial Services Roundtable. Since