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Prudential Financial Elects Carmine Di Sibio to Board of Directors

Author

Slice of Finance Team
12 Jul

Key Highlights:

  • Carmine Di Sibio joins Prudential Financial's Board of Directors, effective July 1, 2024.

  • Di Sibio will serve on the Board’s Audit Committee.

  • Former global chairman and CEO of EY brings expertise in business strategy and innovation.

  • Di Sibio has held various leadership roles at EY, contributing to significant technological and strategic advancements.

Source (Business Wire)

Notable Quote:

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“Carmine brings to Prudential a deep understanding of business strategy and innovation, which will help guide our continued efforts to be a higher growth, more capital efficient, and more nimble company.”

Gil Casellas, Director and Chair of the Board’s Corporate Governance and Business Ethics Committee at Prudential Financial, Inc

Our Take:

Prudential Financial’s decision to elect Carmine Di Sibio to their Board of Directors is a strategic move that reflects the company’s commitment to innovation and strategic growth. Di Sibio's extensive experience at EY, where he led significant investments in technology and spearheaded innovation efforts, positions him as a valuable addition to Prudential. His deep understanding of business strategy will be instrumental in guiding Prudential's efforts to enhance growth, capital efficiency, and agility in an ever-evolving financial landscape. This appointment underscores Prudential's dedication to leveraging top-tier leadership to drive its mission forward.