ON THE BOARD: Shriti Vadera becomes Prudential’s first female chairman

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ON THE BOARD: Shriti Vadera, 57, becomes Prudential’s first female chairman

By Daily Mail City & Finance Reporter

Published: | Updated:

Prudential has poached Santander’s Shriti Vadera to become its first female chairman.

Baroness Vadera, who served as a minister in the business department under Labour’s Gordon Brown, has chaired the board of Santander UK for five years. 

The Ugandan-born banker will remain at the bank until a successor has been found, but will join Prudential as a non-executive director from May. 

Prudential will then promote her to chairman next January, succeeding Paul Manduca, 68, who has held the position for eight years.

 

 

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