Mark Tucker (business)
Encyclopedia
Mark Tucker is an English
businessman
, best known for his various roles at Prudential plc
, where he was the Chief Executive Officer
until September 2009. He is now the Executive Chairman & Chief Executive Officer
of American International Assurance
.
Tucker started adult life as a trainee professional football
er, making appearances for Wolverhampton Wanderers
, Rochdale
and Barnet
, although he never played a first team match. However, after reading Business Management at the University of Leeds
, he qualified as an accountant at PricewaterhouseCoopers
.
He joined Prudential in 1986, initially working for Prudential Portfolio Managers. He progressed through various roles in the United Kingdom
, Hong Kong
, and the United States
, where he was Senior Vice President of Jackson National Life
from 1992 to 1993. He was appointed Chief Executive of Prudential Corporation Asia and an executive director of Prudential plc, but left the group in May 2004 after growing frustrated at the lack of upward opportunity at Prudential to join HBOS
as Finance Director.
Following Jonathan Bloomer's ousting as CEO of Prudential in early 2005, due to bungled attempts to merge with American General and sell off Egg
, Tucker rejoined Prudential in March 2005 as CEO. In March 2009 it was announced he will step down at the end of September 2009, Tucker stating he had achieved all that he wanted to achieve in the role and the decision to leave was "entirely personal". He does not intend to retire, stating "There’s at least one more big job in me".
fan and has attended every FIFA World Cup
since 1966.
Tucker is married with one son.
English people
The English are a nation and ethnic group native to England, who speak English. The English identity is of early mediaeval origin, when they were known in Old English as the Anglecynn. England is now a country of the United Kingdom, and the majority of English people in England are British Citizens...
businessman
Businessperson
A businessperson is someone involved in a particular undertaking of activities for the purpose of generating revenue from a combination of human, financial, or physical capital. An entrepreneur is an example of a business person...
, best known for his various roles at Prudential plc
Prudential plc
Prudential plc is a multinational financial services company headquartered in London, United Kingdom.Prudential's largest division is Prudential Corporation Asia, which has over 15 million customers across 13 Asian markets and is a top-three provider of life insurance in mainland China, Hong...
, where he was the Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
until September 2009. He is now the Executive Chairman & Chief Executive Officer
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
of American International Assurance
American International Assurance
American International Assurance known as AIA is an insurance company based in Hong Kong. It has offices in Asia-Pacific region including Taiwan, China, Australia, New Zealand, Japan, India, Malaysia, Macau, South Korea, Thailand, Philippines, Singapore, Brunei and Vietnam...
.
Tucker started adult life as a trainee professional football
Football (soccer)
Association football, more commonly known as football or soccer, is a sport played between two teams of eleven players with a spherical ball...
er, making appearances for Wolverhampton Wanderers
Wolverhampton Wanderers F.C.
Wolverhampton Wanderers Football Club is an English professional association football club that represents the city of Wolverhampton in the West Midlands region. They are members of the Premier League, the highest level of English football. The club was founded in 1877 and since 1889 has played at...
, Rochdale
Rochdale A.F.C.
Rochdale Association Football Club is an English professional football club based in Rochdale, Greater Manchester. They play their home matches at Spotland Stadium. Formed in 1907, they were accepted into the Football League in 1921...
and Barnet
Barnet F.C.
Barnet Football Club is an English football team from High Barnet, London, England, currently playing in Football League Two. The ground is in the town of Barnet within the London Borough of Barnet....
, although he never played a first team match. However, after reading Business Management at the University of Leeds
University of Leeds
The University of Leeds is a British Redbrick university located in the city of Leeds, West Yorkshire, England...
, he qualified as an accountant at PricewaterhouseCoopers
PricewaterhouseCoopers
PricewaterhouseCoopers is a global professional services firm headquartered in London, United Kingdom. It is the world's largest professional services firm measured by revenues and one of the "Big Four" accountancy firms....
.
He joined Prudential in 1986, initially working for Prudential Portfolio Managers. He progressed through various roles in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
, and the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, where he was Senior Vice President of Jackson National Life
Jackson National Life
Jackson National Life Insurance is a U.S. company that offers life insurance and annuities. It is a subsidiary of the British insurer, Prudential Plc, who bought the company for $608 million in 1986. Founded in 1961, Jackson is headquartered in Lansing, Michigan...
from 1992 to 1993. He was appointed Chief Executive of Prudential Corporation Asia and an executive director of Prudential plc, but left the group in May 2004 after growing frustrated at the lack of upward opportunity at Prudential to join HBOS
HBOS
HBOS plc is a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group having been taken over in January 2009...
as Finance Director.
Following Jonathan Bloomer's ousting as CEO of Prudential in early 2005, due to bungled attempts to merge with American General and sell off Egg
Egg Banking plc
Egg Banking plc is a British internet bank owned by Citigroup, with headquarters in Derby and London, England. Egg was born out of Prudential's initial banking arm , that had been established in 1996...
, Tucker rejoined Prudential in March 2005 as CEO. In March 2009 it was announced he will step down at the end of September 2009, Tucker stating he had achieved all that he wanted to achieve in the role and the decision to leave was "entirely personal". He does not intend to retire, stating "There’s at least one more big job in me".
Personal life
Tucker is a Chelsea F.C.Chelsea F.C.
Chelsea Football Club are an English football club based in West London. Founded in 1905, they play in the Premier League and have spent most of their history in the top tier of English football. Chelsea have been English champions four times, FA Cup winners six times and League Cup winners four...
fan and has attended every FIFA World Cup
FIFA World Cup
The FIFA World Cup, often simply the World Cup, is an international association football competition contested by the senior men's national teams of the members of Fédération Internationale de Football Association , the sport's global governing body...
since 1966.
Tucker is married with one son.