Prudential hesitates on basing new CEO in Hong Kong

Company says financial hub's COVID-19 restrictions 'challenging' for next chief

20210513.Prudential2.JPG

Prudential is "very unlikely" to move its head office functions out of Hong Kong, according to interim chief Mark FitzPatrick. © Reuters

PAK YIU, Nikkei staff writer

HONG KONG -- Asia-focused insurer Prudential's next chief executive would eventually be based in Hong Kong, but "challenging" COVID-19 restrictions could mean starting the job outside the financial hub, interim chief Mark FitzPatrick said Wednesday.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.