Prudential Financial has appointed Caroline Feeney as CEO of its US Insurance & Retirement Businesses.
She assumes this newly created role effective immediately and will be responsible for driving growth across the consolidated portfolio of US businesses, while ensuring alignment with PGIM, the company’s asset management business.
As part of her role, Feeney will be overseeing 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 been with Prudential for over 27 years, most recently serving as CEO of Individual Solutions. She previously served as president of Prudential Advisors and president of Individual Life Insurance.
She will continue to report to Andy Sullivan, executive vice president and head of US Businesses for Prudential.
Sullivan commented on her appointment: “Caroline’s business savvy, deep industry experience and people-centric leadership style will help us realise 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.”