Prudential names new CFO replacement after probing former in-charge

Ben Bulmer will be taking over James Turner as Chief Financial Officer.

Prudential announced its new Chief Financial Officer (CFO) after the investigation into the code of conduct of the former body in charge.

Subject to regulatory approval, Ben Bulmer will be taking over James Turner as CFO.

Turner, who has resigned, was investigated due to a misconduct issue during a recruitment situation.

“The group sets itself high standards and Turner fell short on this occasion. Turner will remain available to the Group for a period of four months to support a smooth transition.” Prudential said in a statement.

Bulmer, currently CFO of Insurance and Asset Management, previously held the position of CFO at Prudential Corporation Asia. With a wealth of experience within the company, he has held various leadership roles in finance across Asia and London since 1997.

Also, Bulmer has become part of the group executive committee and will be reporting directly to Chief Executive Officer (CEO) Anil Wadhwani. He will continue to be headquartered in Hong Kong.