Pru appoints head of US business

Professional Adviser
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prudential appointsceo of us operations after predecessor quits following the UK insurer's unsuccessful bid for american general

Prudential, the UK's second largest insurer, has chosen Clark Manning to run its US businesses. He replaces Robert Saltzman, who stepped down in June 2001. Manning, 43, will be chief executive officer of Jackson National Life Insurance and Prudential Portfolio Managers America. He has been acting CEO of both units since June 2001 when Saltzman quit after Prudential's bid to acquire Houston-based American General failed in March. If the bid had succeeded, Saltzman would have been expected to relinquish his role to Robert Devlin of American General, who has since been replaced by Maurice 'H...

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