AXA’s Wood Named CEO of Prudential UK, European Operations

Prudential PLC has appointed Mark Wood as chief executive of the company’s UK and European Insurance businesses effective June 21.

At that point Wood, 47, will take over responsibilities from chairman and executive director of Prudential Europe Keith Bedell-Pearce, who plans to retire from the board at the end of this year, and chief executive of UK Insurance Operations John Elbourne, who will retire in June.

Wood has held a number of senior positions in the insurance industry and is currently chief executive of AXA UK.