Paul Manduca has been promoted to chairman of UK-based Prudential at an interesting moment. Far from being one of those actuaries who used to rule insurance companies, like Equitable Life, with a rod of iron, his background is asset management.

[url=http://www.efinancialnews.com/story/2012-06-11/manduca-steps-up-where-gentlemen-still-prefer-bonds?mod=sectionheadlines-home-AM]More...[/url]