Zurich hires ex-Pru boss as UK chief exec

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Zurich has appointed former Prudential executive director Tulsi Naidu as its UK chief executive.

The appointment comes after Zurich announced last year UK chief executive Gary Shaughnessy would be taking on a new role as chief executive for Europe, Middle East and Africa.

Naidu joined Zurich in September as EMEA head of business development. She has been working in financial services for 20 years, including as an executive within Pru’s UK and Europe business.

She has also worked at Credit Suisse First Boston Investment Banking in Singapore, and ICICI in Mumbai.

Zurich EMEA chief executive Gary Shaughnessy says: “As we continue to transform Zurich, I believe Tulsi has the right mix of business knowledge, fresh perspective and strong and engaging leadership skills required to drive us forward in the UK.

“The UK is a hugely important market to Zurich and having an integrated business here under single leadership will help us operate in a less complex and more sustainable way. The landscape is changing, and Tulsi will lead our commitment to distributors and customers to make sure we continue to serve this market from a position of strength.”

Tulsi Naidu says: “I’ve only been with Zurich for a short time, but can already see what a fantastic organisation it is. I’m really looking forward to leading the teams as we build on this strong business in the UK.”