Prudential reveals new CEO of US insurance business

Prudential Financial has appointed Caroline Feeney as the new chief executive officer (CEO) of its US insurance & retirement businesses.

In her newly created role, Feeney will be responsible for driving growth across the consolidated portfolio of Prudential's US businesses, while ensuring alignment with PGIM, the company’s asset management business.

Her expanded remit will include oversight of group insurance, individual life insurance, Prudential Annuities, Prudential Retirement, and the retail advice and solutions organisation. She will also oversee several enabling functions, including the group charged with enhancing and unifying the service experience for Prudential’s retail and institutional customers in the US.

Feeney has held progressively more senior roles during her 27-year career at Prudential, most recently serving as CEO of individual solutions. Previously, she served as president of Prudential Advisors and president of Individual Life Insurance, and spent time in field leadership roles, providing her firsthand experience with customers and the company’s financial professionals.

Feeney represents Prudential on several boards and also leads the company’s Women Empowered business resource group.

Feeney will continue to report to Andy Sullivan, executive vice president and head of US Businesses for Prudential, who said: “Caroline’s business savvy, deep industry experience and people-centric leadership style will help us realize the full potential of our businesses. She is a true ambassador for the Prudential brand and a passionate advocate for our company’s purpose: to make lives better by solving the financial challenges of our changing world.”

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