Standard Life chief financial officer Jackie Hunt is joining Prudential as chief executive of UK and Europe.
Current chief executive Rob Devey will leave the company at the end of October to pursue new opportunities.
Hunt joined Standard Life in 2009, and has previously held a number of senior leadership roles at Royal & Sun Alliance and Aviva.
Pru group chief executive Tidjane Thiam says: “I am pleased to announce the appointment of Jackie Hunt as successor to Rob Devey. Jackie joins Prudential with a proven track record of delivery in the highly competitive UK insurance market. I am delighted a person of her talent and experience is joining the group.”
He adds: “I would like to thank Rob for the contribution he has made towards the progress of Prudential UK and Europe over the past four years. I wish him all the very best with his next challenge.”
Hunt says: “I greatly look forward to joining Prudential. It is a group which combines a proud heritage stretching back 165 years with a clear forward-looking strategy for meeting the savings and protection needs of its customers across the world. The UK and Europe business has a clearly defined and valuable role to play within the group.”
Outgoing Prudential UK and Europe chief executive Rob Devey says: “The UK business has emerged from challenging macro-economic conditions in excellent health and with a clear, focused strategy for the future. The time is right for me to pursue the next stage in my career.
“I want to thank Tidjane and my executive colleagues for their support during the past four years. I would also like to thank the UK leadership team and all the employees of the UK and Europe business for their hard work in delivering sustainable, long-term value both for our seven million British customers and for Prudential’s shareholders.”