PGIM is focusing on expanding its private credit, real assets, and international markets as David Hunt transitions leadership to Jacques Chappuis. The firm aims to enhance its private credit capabilities through acquisitions in Europe and Asia, while also growing its insurance asset management business and maintaining a commitment to active management. Hunt believes Chappuis" experience aligns well with PGIM"s strategic growth plans.
PGIM has appointed Jacques Chappuis from Morgan Stanley as its new CEO, succeeding David Hunt, who has led the firm for 13 years. Chappuis will officially take over on May 1, 2025, and will report to Andrew Sullivan, executive vice president of Prudential’s international businesses and global investment management.
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