Abrasive man from the Pru

Article Abstract:

Mick Newmarch, who recently resigned as chief executive of Prudential, the largest insurance concern in the UK, was known for his outspoken and flamboyant approach to business. He had been with the company since the age of 17, and this meant that he had always been isolated from the rest of the insurance world. He held very strong views on industry issues, and this often alienated him from the heads of other leading insurance companies.

Influence

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Pru loses on share dealing

Article Abstract:

The Stock Exchange has upheld a decision by its officials to reprimand Mick Newmarch, former chief executive of Prudential, the largest insurer and institutional investor in the UK. The censure over share dealings also covers Sir Brian Corby, Prudential's chairman. Prudential will now make a further appeal against the reprimand, claiming that the share dealings were permissable.

Investigations

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Bock my target, Rowland vows

Article Abstract:

Lonrho is likely to face a bitter dispute with its founder, Tony Rowland, after its decision to dismiss him. He has announced plans to sue the company, and has been particularly critical of Dieter Bock, its chief executive. Recent reports have made damaging allegations about Bock's network of property companies in continental Europe.

Management, Planning, Lonrho PLC, Rowland, Roland

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