NEWARK, N.J. - Prudential Financial, Inc. (NYSE: NYSE:PRU) has announced Yanela Frias as its new executive vice president and chief financial officer (CFO), effective March 15, 2024. She succeeds Ken Tanji, who will assist in the transition until his departure on September 30, 2024.
Frias, the current president of Group Insurance, will join Prudential's executive leadership team and report to vice chair Robert Falzon. Her appointment comes after nearly 30 years at Prudential, where she has held various senior leadership positions across finance, operations, and the company's insurance and retirement businesses.
Charles Lowrey, chairman and CEO of Prudential, recognized Tanji for his significant contributions to Prudential, particularly his leadership through the financial challenges of the pandemic and market volatility. Lowrey expressed gratitude for Tanji's 35 years of service and his role in the company's financial strategy, including de-risking and capital release transactions.
Frias's career at Prudential has been marked by her leadership in various roles, including president of Prudential Retirement and CFO for Individual Life Insurance and Annuities. She has been instrumental in pension risk transfer, international reinsurance, and product innovation efforts.
The information is based on a press release statement from Prudential Financial, Inc.
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