Prudential Announces Head of Global Investment Strategy

Prudential Financial, Inc. (NYSE: PRU) announced today that Andrew Yorks will join the company as head of Global Investment Strategy, effective July 15. Yorks will report to Tim Schmidt, senior vice president and chief investment officer.

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Andrew Yorks, Head of Global Investment Strategy, Prudential (Photo: Business Wire)

Yorks will be responsible for developing investment plans and ALM strategies for Prudential’s general account. He will also have responsibility for identifying and assessing new investment opportunities and monitoring overall portfolio risks, and will serve as the key liaison with PGIM asset management units and corporate functions.

Currently, Yorks is chief investment officer at Resolution Life U.S. where he is responsible for the overall management of the company’s investment portfolio and for setting the overall strategic direction of the company, including growth through mergers and acquisitions. Additionally, he plays an important role in developing Resolution Life Group’s investment strategy and process.

Prior to Resolution Life U.S., Yorks was senior vice president, head of alternatives and private debt strategies at Lincoln Financial Group, where he oversaw $18 billion of private equity, hedge fund, and private debt strategies across 20 manager relationships for Lincoln’s general account. He has also held leadership positions at several asset managers including BlackRock and Alliance Capital.

ABOUT PRUDENTIAL
Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.5 trillion in assets under management as of March 31, 2024, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise, and innovation for nearly 150 years. For more information, please visit news.prudential.com.

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The Prudential Financial Stock at the time of publication of the news with a fall of -1,04 % to 109,2USD on Lang & Schwarz stock exchange (13. Mai 2024, 22:18 Uhr).