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Prudential ( (GB:PRU) ) has provided an update.
Prudential plc has formalised updated terms of reference for its Board Risk Committee, effective 1 January 2026, strengthening governance over group-wide risk and compliance management. The revised mandate clarifies the committee’s responsibility for overseeing the Group’s risk appetite, tolerance, strategy and culture, as well as for reviewing and approving the risk management framework and monitoring adherence to risk policies. It sets out membership criteria requiring at least three independent non-executive directors, detailed meeting protocols, coordination mechanisms with the Audit Committee, and expectations for regular attendance by senior executives including the CEO and Chief Risk and Compliance Officer. The changes also emphasise direct engagement with shareholders on significant risk matters, signalling Prudential’s focus on transparency and robust oversight as regulatory expectations and risk exposures evolve.
More about Prudential
Prudential plc is an international financial services group focused on life and health insurance and asset accumulation products, with a significant presence in Asia and Africa. The company operates through a diversified set of businesses and is subject to extensive regulatory and risk management requirements across its global footprint.
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