Ex-KPMG global vice-chairman joins Prudential

FORMER KPMG PARTNER Alistair Johnston has joined Prudential as non-executive director.

Johnston will succeed Kathleen O’Donovan on the audit committee when she retires in March.

He joined KPMG in 1973 spending 24 as partner and three as global vice chairman as well as other roles including UK vice chairman and international managing partner of global markets.

Johnson has also worked as non-executive director of the Foreign and commonwealth Office’s audit committee.

Prudential also announced its chairman Harvey McGrath was retiring from the board once a successor has been found.

McGrath said: “Alistair brings extensive global markets, international management and accounting experience from his many years at KPMG, areas which are obviously very important to us.

“As far as my own decision is concerned, I felt it was important to give the Board good notice of my intentions so that the process of appointing a successor can get underway.

“Prudential is performing very well, there is a strong and reinvigorated Board in place and we are fortunate to have a Chief Executive of Tidjane Thiam’s calibre driving the business.”

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