29 Aug 2023

Hong Kong / Singapore (29 August 2023) - Prudential plc (Prudential) has today announced the appointment of Bill Maldonado as the Chief Executive Officer (CEO) of Prudential’s asset management business, Eastspring Investments. The appointment is effective 1 September 2023. Based in Singapore, he will report to Prudential Chief Executive Officer Anil Wadhwani and will join the Prudential Group Executive Committee (GEC).

Mr Maldonado has been serving as Interim CEO since April this year and, having joined Eastspring Investments in September of 2021, has been Chief Investment Officer since May 2022. In this capacity, he has spearheaded the Eastspring Investments platform across equities, fixed income, multi-asset, quantitative and alternatives, overseeing the firm’s investment strategies and products.

Mr Maldonado has 30 years of asset management experience and a strong track record in leading investment teams globally. Prior to joining Eastspring, Mr Maldonado served as the Asia Pacific Chief Investment Officer and Global Chief Investment Officer, Equities at HSBC Global Asset Management.

He holds an MBA from Cranfield University, a Doctorate in Laser Physics from Oxford University and a Bachelor of Science degree in Physics from Sussex University, UK and Uppsala University, Sweden.

A new Chief Investment Officer for Eastspring Investments will be appointed in due course.

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