Prudential boss Thiam named next ABI chairman

Thiam, group chief executive of Prudential, takes over from Tim Breedon of Legal & General who will step down after two years as chairman. Thiam has been an executive director at Prudential since 2008, having previously spent six years in executive positions at Aviva. He is a member of the Prime Minister's business advisory council. Thaim said he was honoured to have been chosen to succeed Breedon. "Insurance is one of Britain's business success stories and it continues to provide jobs, security and much of the long-term investment that drives economic growth. It remains one of our...