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CITY VIEWS: SHOULD PRUDENTIAL MANAGEMENT BE FORCED TO RESIGN?

ARIF MALIK | BARCLAYS
“The management must be held responsible for the AIA situation. If Prudential’s shares were in demand then they should not have had a problem with the rights issue but for it to reach this stage now, senior figures are partly to blame. It may be
a better idea to have a whole new management in place.”

JUSTIN CUNNINGHAM | GILES INSURANCE BROKER
“The Prudential management should take some level of responsibility for the failure of the deal, but as to their resignation and allowing a new team to come in and clear up the mess, I am not entirely sure of that.”

OTIBA SHEIKH | UST GLOBAL
“Prudential management should not have to resign. Certainly they made a bad decision, but that’s about it. Everybody does at some point. Are we asking people in the public service to resign when they have made mistakes? No, we are not.”