Jackson National Life Insurance Co., a unit of London’s Prudential plc, named Mike Wells president and chief executive officer.
Wells, who will also serve as an executive director of Prudential’s board of directors, will replaced Clark Manning, who will step down as CEO at the end of this year. Manning will remain chairman of Prudential’s U.S. operations until April 30, when he will become an advisor to the company through the end of next year.
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