Former NHS England chair Meddings in frame to head Prudential

A erstwhile president of NHS England is among the candidates being considered arsenic the adjacent seat of Prudential, the FTSE 100 security group.

Sky News has learnt that Richard Meddings, whose fiscal services pedigree includes stints astatine TSB and Deutsche Bank, is among a tiny fig of contenders to regenerate Baroness Shriti Vadera arsenic the Pru's chairman.

City sources said connected Wednesday that the hunt process was astatine an precocious stage, though it was unclear however galore candidates remained successful talks with the institution and its advisers.

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Mr Meddings would beryllium a logical prime for the job, fixed his extended boardroom acquisition and, much importantly, his tenure arsenic main fiscal serviceman of Standard Chartered, the emerging markets lender.

Although it is listed successful London, the Pru nary longer has immoderate meaningful UK operations, having demerged M&G Investments successful 2019.

It is present an Asia-led fiscal services group, with a marketplace capitalisation of conscionable implicit £28bn.

The Pru is successful the process of taking its Indian associated task nationalist via a abstracted listing, a determination which has prompted a emergence successful its ain stock price.

Mr Meddings was president of NHS England for 3 years, having been appointed successful 2022.

His different nationalist work roles person included a seven-year stint arsenic a non-executive manager of the Treasury.

A spokesperson for Prudential declined to comment, portion Mr Meddings did not respond to a petition for comment.