01.30.25

Prudential CFO Sees Retirees' Billions Paving New Path to Growth

by: Manus Cranny; Alexandre Rajbhandari

Prudential Financial Inc.’s Chief Financial Officer Yanela Frias sees the rising global demand for retirement income as a major growth driver for the insurer’s new chapter once incoming Chief Executive Officer Andy Sullivan takes the helm. The booming demand for annuities is driving Frias’s ambitions. Those policies, which she says became increasingly complex and expensive in the past, have become much simpler in recent years, making them more appealing.

Read the full article on Bloomberg