Former Nhs England Chair Meddings In Frame To Head Prudential - Beritaja

A erstwhile president of NHS England is among the candidates being considered arsenic the adjacent chair of Prudential, the FTSE 100 security group.

Beritaja has learnt that Richard Meddings, whose financial services pedigree includes stints astatine TSB and Deutsche Bank, is among a mini number of contenders to switch Baroness Shriti Vadera arsenic the Pru's chairman.

City sources said connected Wednesday that the hunt process was astatine an precocious stage, though it was unclear really galore candidates remained successful talks pinch the institution and its advisers.

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Mr Meddings would beryllium a logical prime for the job, fixed his extended boardroom acquisition and, much importantly, his tenure arsenic main financial serviceman of Standard Chartered, the emerging markets lender.

Although it is listed successful London, the Pru nary longer has immoderate meaningful UK operations, having demerged M&G Investments successful 2019.

It is now an Asia-led financial services group, pinch a marketplace capitalisation of conscionable complete £28bn.

The Pru is successful the process of taking its Indian associated task nationalist via a abstracted listing, a determination which has prompted a emergence successful its ain stock price.

Mr Meddings was president of NHS England for 3 years, having been appointed successful 2022.

His different nationalist work roles person included a seven-year stint arsenic a non-executive head of the Treasury.

A spokesperson for Prudential declined to comment, while Mr Meddings did not respond to a petition for comment.