US insurance and investment firm Prudential Financial has appointed Nandini Mongia as President of Prudential Open-Architecture Solutions, effective June 19.
In her new role, Mongia will lead the creation of an open-architecture platform, managing the supply and demand of asset and liability origination and overseeing Prudential’s reinsurance entities and third-party strategic relationships.
This new business will focus on expanding Prudential’s access to serve clients through both proprietary and non-proprietary products and services, the company explained.
Mongia will report to the company’s chairman and CEO, Charles Lowrey, who commented: “Nandini brings a breadth of experience in managing global capital, liquidity and reinsurance, including Prudential’s own capital allocation strategy and balance sheet.
“Under Nandini’s leadership, Prudential Open-Architecture Solutions will enhance our ability to serve clients with new and innovative solutions that support our long-term growth and competitive position in the marketplace.”
Mongia is currently Prudential’s Senior Vice President and Treasurer, a role she has held since December 2018. Prior to this, she served as CFO of Prudential Retirement.
Before joining Prudential in 2017, Mongia was an investment banker at firms including Deutsche Bank, Credit Suisse, and Lehman Brothers, and previously served in business planning and management consulting roles.
