Blundering Bloomer: I'm On the Way Out ; the Men From the Pru: 'Faster Than You Think'

Summary


All the hallmarks of a classic City-style assassination are present.

Prudential, Britain's second-biggest insurer and one of the largest investors in the City with Pounds 187 billion of funds under management, is looking for a successor to replace lame-duck chief executive Jonathan Bloomer.

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Extract


Blundering Bloomer: I'm On the Way Out ; the Men From the Pru: 'Faster Than You Think'

It is no secret that the knives are out for Bloomer. Only last week he told reporters he still felt under pressure after the insurer's controversial Pounds 1 billion rights issue last year. 'I'm not lifting the pressure off any of my peo...

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