Published by Global Banking and Finance Review
Posted on January 14, 2026

Published by Global Banking and Finance Review
Posted on January 14, 2026

Jan 14 (Reuters) - British insurer Prudential named Douglas Flint as its new chair on Wednesday, succeeding Shriti Vadera, who is stepping down in May after five years in the role.
(Reporting by Shivangi Lahiri and Roshan Thomas in Bengaluru)
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled. It encompasses the relationships among the company's management, its board, shareholders, and other stakeholders.
An insurance company is a financial institution that provides coverage to policyholders against financial losses in exchange for premium payments. It helps protect individuals and businesses from risks and uncertainties.
A leadership transition occurs when a leader in an organization steps down or is replaced, often leading to changes in strategy, culture, and operations. It is crucial for maintaining stability and continuity.
In a corporate setting, a chair is the head of the board of directors. The chair leads board meetings, ensures effective governance, and represents the organization in various capacities.
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