M&G CEO John Foley to retire

- British insurer and asset manager M&G said on Wednesday Chief Executive Officer John Foley plans to retire.

Foley, who led M&G's split from parent Prudential in 2019 to become an independently listed company in London, took over as CEO in 2017.

Foley previously worked at Prudential for 17 years, serving at several senior leadership roles including CEO of Prudential Capital and Prudential UK & Europe.