Prudential plc has appointed Don Guo (pictured above) as group chief investment officer, overseeing the group’s investment, treasury, and asset and liability management functions. He reports to group chief financial officer James Turner.
Guo is responsible for the formulation and execution of Prudential’s investment strategies across its markets in Asia and Africa, the insurer said. In addition, he will work towards optimal asset-liability management outcomes for the group’s insurance funds and provide his expertise in liquidity management and capital market funding to benefit the group’s balance sheet.
“I am delighted to welcome Don onboard as group chief investment officer,” Turner said. “Don brings a wealth of experience from his capital market and corporate finance roles across many global cities. His appointment reflects our commitment to generate high returns and strong cash flow so that we can deliver long-term sustainable growth and value for our customers and shareholders.”
Guo has more than 25 years of experience in investment management and capital markets, primarily with insurance and reinsurance companies in Asia, Europe and the US. He joined Prudential from Catalina Holdings, where he was chief investment officer for Asia and Europe, managing investments for Catalina's regulated insurance and reinsurance entities. Before joining Catalina, Guo was chief investment officer at Asia Capital Reinsurance Group for 12 years.