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Former Prudential chief Mark Tucker to head AIA
Former Prudential chief Mark Tucker will go head-to-head with his old employer in Asia after taking the helm of AIA’s Asian business, according to reports.
Markets
Former Prudential chief Mark Tucker has been tipped to take the helm of AIA in a move which will see him go head-to-head with his old employer in Asia.
Tucker, who stepped down as Prudential chief executive last October, is expected to replace Mark Wilson as the man tasked with building market share in a ‘sweet spot’ of economies, according to reports.
There is speculation that Tucker is also likely to prepare AIA for a listing on the Hong Kong stock exchange later in the year as it’s parent company AIG looks to repay some money to the US government.
It is estimated that AIG could raise $15 billion by selling a 50% stake in the company.
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1 comment so far. Why not have your say?
Pertan
Jul 19, 2010 at 12:32
Pure opportunism if ever I saw it, looking to score high in a booming region and lift his reputation. Nothing else explains the sideways or lower rung move.
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