Prudential plc appoints new CEO Health

Prudential plc (“Prudential”) has announced the appointment of Arjan Toor as its new CEO Health. Mr Toor will be based in Singapore and joins the business on 1 February 2024. He will report to Solmaz Altin, Managing Director, Strategic Business Group.

Last August, Prudential announced its new business strategy, and the transformation of the Health business is one of the three strategic pillars of the roadmap to accelerate value creation for all its stakeholders.

The appointment of Mr Toor is a critical step in this transformation and shows Prudential’s commitment to becoming the most trusted partner for its customers throughout their healthcare journey.

As CEO Health, Mr Toor will have full financial and operational accountability of Prudential’s Health business. He will lead a network of Chief Health Officers and work closely with its 24 markets to grow the business, creating operating leverage across the entire value chain.

Mr Toor is a seasoned senior healthcare executive with over 27 years’ experience in leadership roles across Asia, Africa, Europe and North America. He was most recently CEO for Cigna Europe, one of the largest global health services companies, where he gained deep health insurance knowledge and experience with an admirable track record of success.

Prior to his time at Cigna, Mr Toor worked for the Dutch financial services firm ING for 15 years in a variety of marketing leadership roles, building teams that excelled at developing innovative customer propositions and delivering intuitive, personalised customer experiences.

Mr Toor succeeds Group Chief Health Officer Andrew Wong, who is leaving Prudential to explore non-executive opportunities.

Commenting on the appointment, Solmaz Altin, Managing Director, Strategic Business Group said: “Our Health business is a key part of our strategy going forward. Arjan brings with him a depth and wealth of experience that I have no doubt will help us as we seek to become our customers’ most trusted partner throughout their healthcare journey.”