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Prudential CFO to leave after conduct falls short of standards

Prudential said there were no implications for its financial performance, results or operation from the move
Prudential said there were no implications for its financial performance, results or operation from the move

Prudential said today its chief financial officer, James Turner, would leave the company after a code of conduct investigation into a recent recruitment showed he had fallen short of its standards.

Turner, who has been with the Asia-focused company for 12 years before resigning, will stay on for four months to support a transition to his replacement, Ben Bulmer, the insurer said.

"The group sets itself high standards and Mr Turner fell short on this occasion," Prudential said in a statement, but did not detail the issue.

"We expect all our colleagues to adhere to the highest professional standards and behaviours," chief executive Anil Wadhwani said, citing the code's provisions.

Prudential said there were no implications for its financial performance, results or operation.