Incoming C Suisse CEO tears up

Cry Baby

An emotional affair

Tidjane Thiam found his final shareholder meeting as the boss of Prudential an emotional affair.

Bloomberg News reports that the usually confident Ivory Coast-born executive faltered several times during his speech at the Queen Elizabeth II Conference Centre, near Parliament, as he thanked staff and shareholders. At the end of the month, and after seven years at the insurer, Thiam moves to Zurich to become CEO of Credit Suisse.

He paid tribute to his predecessor Mark Tucker for his contribution. Tucker now runs AIA Group - the Asian insurer Thiam tried and failed to buy in 2010, resulting in censure by British regulators over how he disclosed the plan.

To access the complete Bloomberg News article hit the link below:

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