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A growing Asian footprint

Technology is powering Prudential's growth and adding value, says the insurer's CEO Mike Wells.

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''One of the bigger challenges we have now in financial services is that we try to de-risk the business. We have to be careful not to limit the development of our people in terms of allowing them to manage risk and make mistakes.'' - Mike Wells

WHEN Prudential plc chief executive Mike Wells was approached for a senior position at the UK giant's US insurance business in 1995, he was not particularly keen.

Mr Wells, 57, started his career at brokerage firm Dean Witter, and had by then become a managing director at Smith Barney

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