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Prudential has appointed Grace Park as its chief data, analytics & AI officer.

Park is based in Singapore and will report to Ashley Veasey, chief information officer.

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In addition, she will be responsible for boosting Prudential’s use of data and AI across its business functions to enable growth and deliver efficiencies. She will also lead the development and delivery of a robust data strategy, while ensuring a top approach to data governance and AI.

She brings over 20 years of global experience in financial services, technology and consulting, most recently serving as chief analytics officer at Manulife Asia.

Her previous experience includes senior roles at Standard Chartered Bank, LG Electronics, the Boston Consulting Group and Kearney.

Ashley Veasey, chief information officer, Prudential said: “We are delighted to welcome Grace to the Technology Leadership Team. Grace will partner with teams across our markets and functions to strengthen our capabilities in data and analytics. This is critical to helping us make better decisions, provide a better customer experience, and build innovative AI-powered tools and products; a huge area of opportunity for Prudential.”

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Prudential Financial has announced that Mike Estep, head of product for group insurance, will succeed Yanela Frias as president of its group insurance business.

In addition, Frias will become the CFO of Prudential.

Estep as president of group insurance will report to Caroline Feeney, head of Prudential’s US businesses.

Since joining the firm as head of product for group insurance in 2022, Estep has led all aspects of product strategy. This includes the development of a strategic roadmap for the firm’s current and future product portfolio with a focus on customer relevancy and sustainable, profitable growth.

Jess Gillespie will succeed Estep as head of product for group insurance.