Prudential UK & Europe has hired Clare Bousfield as chief executive of insurance, subject to regulatory approval.
She joins the business today (1 November).
With more than 25 years of experience in the insurance and financial services industries, Ms Bousfield has built a strong reputation for leading and developing high performing teams across multiple business locations.
She was a key leader in the strategic review and transformation of Aegon’s UK business and has held chief financial officer roles with Swiss Re and, most recently, with Aegon.
Ms Bousefield also has extensive experience in dealing with international regulators, including those in the UK, Ireland, and various countries in Continental Europe, as well as Asia and the US.
John Foley, chief executive of Prudential UK & Europe, said: “Securing someone of Clare’s calibre, with such relevant and extensive experience, was crucial for this important leadership role.
“I look forward to working with Clare to drive our insurance business forward.”
Ms Bousfield said: “I am delighted to be joining Prudential at this exciting time in the company’s development and look forward to the opportunity to build still further this successful UK business that has such a strong heritage and well-recognised brand.”