Prudential appoints Lord Turner and David Law as non-exec directors

15th Sep 2015 12:05

(ShareCast News) - Insurer Prudential has appointed Lord Turner of Ecchinswell and David Law a non-executive directors with immediate effect.Turner, who is currently chairman of the Institute for New Economic Thinking and a non-executive director of OakNorth Bank, has been appointed a member of the Risk Committee. Law, meanwhile, will become a member of the Audit Committee. He is currently a director of L&F Holdings Limited and chief executive of L&F Indemnity Limited, which is the professional indemnity captive insurance group that serves the PricewaterhouseCoopers network.Prudential said Turner has extensive high-level experience of international regulation and financial services, while Law has a detailed understanding of the audit processes of global insurance groups.Prudential chairman Paul Manduca said: "I am delighted that Lord Turner and David Law are joining the board. Lord Turner's distinguished career has given him considerable expertise in global financial services, particularly in regulation and risk management."David Law is highly respected in the international insurance community and brings with him a wealth of experience of the audit processes of global insurance groups."At 1211 BST, Prudential shares were up 0.5% at 1,391.50p.