Prudential appoints Rob Devey to oversee AIA link-up

INSURER Prudential has named the man who will oversee the integration of a key takeover target.

Rob Devey, chief executive of Prudential’s UK and Europe arm, will lead the team responsible for bringing AIG’s Asian business AIA into the fold..

Before he joined Prudential in 2009, Mr Devey was a managing director at Lloyds Banking Group and was in charge of the integration of the retail banking operations of Halifax and Bank of Scotland.

Pru is seeking a £13.2bn fundraising to finance the £32.4bn AIA acquisition.