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On the Move

Trading Places: Prudential CEO steps down, BlackRock names new chief risk officer

Find out who is on the move in the City and beyond this week

Trading Places: Prudential CEO steps down, BlackRock names new chief risk officer

It's been another busy week of people stepping down and stepping up into new roles across the City.

Insurance giant Prudential said that chief executive officer Mike Wells will stand down next month. Chair Shriti Vadera said his replacement will be based in Asia. In the meantime, Mark Fitzpatrick, the finance director, takes over on an interim basis, but has asked the board not to consider him for the permanent role.

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