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US finance and insurance expert joins Prudential board

US ACCOUNTING EXPERT Alice Schroeder has joined Prudential’s board as a non-executive director.

Schroeder was a managing director at Morgan Stanley, leading its global insurance equity research team, before becoming a senior adviser to the bank.

She had begun her career at Ernst & Young before working for the Financial Accounting Standards Board.

Schroeder will also serve on the Pru’s audit committee.

Commenting on the appointment, Paul Manduca, Chairman of Prudential, said: “I am delighted Alice is joining the board. She is highly respected by the international investment community and the roles she has undertaken have given her considerable insight into all aspects of the global insurance industry, including its regulation and accounting.”

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