Prudential has hired Don Guo as group chief investment officer to oversee the group’s investment, treasury and asset and liability management functions.
His appointment is effective September 1 and he reports to James Turner, group chief financial officer.
Guo is responsible for the formulation and execution of Prudential’s investment strategies across its markets in Asia and Africa. In addition, he will ensure optimal asset-liability management outcomes for the group’s insurance funds and provide effective liquidity management and capital markets funding solutions for the group’s balance sheet.
“I am delighted to welcome Don onboard as group chief Investment officer. Don brings a wealth of experience from his capital market and corporate finance roles across many global cities.
“His appointment reflects our commitment to generate high returns and strong cash flow so that we can deliver long-term sustainable growth and value for our customers and shareholders,” said Turner.
Guo has more than 25 years of investment management and capital markets experience, primarily with insurance and reinsurance companies in Asia, Europe and the US.
He joins Prudential from Catalina Holdings where he was chief investment officer for Asia and Europe. Before joining Catalina, Guo was chief investment officer at Asia Capital Reinsurance Group for 12 years.