Prudential Tightens Board Oversight With Updated Risk Committee Mandate

Tip Ranks
2026.01.02 09:37
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Prudential plc has updated its Board Risk Committee's terms of reference, effective January 1, 2026, to enhance governance over risk and compliance management. The revised mandate clarifies the committee's responsibilities, including overseeing risk appetite and strategy, and requires at least three independent non-executive directors. It also emphasizes shareholder engagement on significant risk matters, reflecting Prudential's commitment to transparency and robust oversight amid evolving regulatory expectations.