Thiam steps down as Prudential boss

Prudential paid tribute to “one of the most exceptional leaders” in its history today after boss Tidjane Thiam announced plans to leave the insurer.

Ivory Coast-born Mr Thiam, who became the first black chief executive of a FTSE 100 Index company when he was appointed to the role in 2009, is to become the new boss of banking group Credit Suisse.