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{{Short description|English businessman (born 1957)}}
{{Use dmy dates|date=April 2022}}
{{Infobox officeholder
{{Infobox officeholder
| honorific_prefix = Sir
| name = Mark Tucker
| name = Mark Tucker
| caption =
| caption =
Line 17: Line 20:
| term_start2 = 1 January 2011
| term_start2 = 1 January 2011
| term_end2 = 1 June 2017
| term_end2 = 1 June 2017
| successor2 = Ng Keng Hooi
| successor2 = [[Ng Keng Hooi]]
| office3 = Chairman of [[AIA Group Limited]]
| office3 = Chairman of the [[AIA Group Limited]]
| term_start3=12 October 2010
| term_start3=12 October 2010
| term_end3=1 January 2011
| term_end3=1 January 2011
| successor3 = Edmund Tse
| successor3 = [[Edmund Tse]]
| office4 = CEO of [[AIA Group Limited]]
| office4 = CEO of the [[AIA Group Limited]]
| term_start4 = 12 October 2010
| term_start4 = 12 October 2010
| term_end4 = 1 June 2017
| term_end4 = 1 June 2017
| successor4 = Ng Keng Hooi
| successor4 = [[Ng Keng Hooi]]
| office5 = CEO of the [[Prudential plc]]
| office5 = CEO of the [[Prudential plc]]
| term_start5 = 2004
| term_start5 = 2005
| term_end5 = 2009
| term_end5 = 2009
| successor5 = Tidjane Cheick Thiam
| successor5 = [[Tidjane Cheick Thiam]]
}}
}}
'''Mark Edward Tucker''' (born 29 December 1957) is an English businessman, best known for his various roles at [[Prudential plc]], where he was the CEO until September 2009.<ref name="stepdown">{{Citation | url = http://www.ft.com/cms/s/0/6cedec14-1456-11de-8cd1-0000779fd2ac,s01=1.html | newspaper = Financial Times | last = Jones | first = Adam | title = Tucker to leave Prudential | date = 2009-03-19 | access-date = 2009-03-19 }}</ref> He currently serves as Group Chairman of [[HSBC Holdings plc]].
'''Sir Mark Edward Tucker''' (born 29 December 1957) is an English businessman, best known for his various roles at [[Prudential plc]], where he was the CEO until September 2009.<ref name="stepdown">{{Citation | url = http://www.ft.com/cms/s/0/6cedec14-1456-11de-8cd1-0000779fd2ac,s01=1.html | newspaper = Financial Times | last = Jones | first = Adam | title = Tucker to leave Prudential | date = 2009-03-19 | access-date = 2009-03-19 }}</ref> He currently serves as group chairman of [[HSBC]].


==Early life==
==Early life==
Line 39: Line 42:
After retiring from professional football, Tucker studied [[Business Management]] at the [[University of Leeds]]. He then qualified as an accountant at [[PricewaterhouseCoopers]].<ref name="biography" />
After retiring from professional football, Tucker studied [[Business Management]] at the [[University of Leeds]]. He then qualified as an accountant at [[PricewaterhouseCoopers]].<ref name="biography" />


He joined [[Prudential plc]] in 1986, initially working for Prudential Portfolio Managers.<ref name="biography" /> He progressed through various roles in the UK, Hong Kong, and the US, where he was a Senior Vice President at [[Jackson National Life]] from 1992 to 1994.<ref name="biography" /> He was appointed Chief Executive of Prudential Corporation Asia and an executive director of Prudential plc, but left the group in May 2002 after growing frustrated at the lack of upward opportunity at Prudential to join [[HBOS]] as Finance Director.<ref name="biography" />
He joined [[Prudential plc]] in 1986, initially working for Prudential Portfolio Managers.<ref name="biography" /> He progressed through various roles in the UK, Hong Kong, and the US, where he was a senior vice president at [[Jackson National Life]] from 1992 to 1993.<ref name="biography" /> 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.<ref name="biography" />


Following Jonathan Bloomer's ousting as CEO of Prudential in early 2004, due to bungled attempts to merge with [[American General]] and sell off [[Egg Banking|Egg]], Tucker rejoined Prudential in March 2004 as CEO.<ref name="biography" /> 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".<ref name="football">{{ Citation | url = http://www.ft.com/cms/s/0/d18f7062-14be-11de-8cd1-0000779fd2ac.html | title = Pru's new chief Tidjane Thiam seen as 'bold' choice | newspaper = Financial Times | last = Felsted | first = Andrea | date = 2009-03-19 | access-date = 2009-03-19 }}</ref> He does not intend to retire, stating "There’s at least one more big job in me".<ref name="stepdown" /> Tucker is a member of the Board of Directors of [[Goldman Sachs]].<ref name="GS">{{cite web |url=http://www.goldmansachs.com/who-we-are/leadership/board-of-directors/ |title=Goldman Sachs – Leadership – Board of Directors |publisher=[[Goldman Sachs]] |access-date=8 August 2013}}</ref> He served as the CEO and President of Asian focus insurer [[AIA Group]] from June 2009 to September 2017, where he successfully led the former Asian assurance arm of New York-based [[American International Group]] (AIG) for an IPO on the [[Hong Kong Stock Exchange]] in October 2010. It raised approximately HK$159.08 billion (US$20.51 billion), the world's third largest IPO ever.<ref>{{cite web|url=http://www.aia.com/en/resources/35395b804791f3e2ab10aff239f692a9/8_AIA_Press_Release_FINAL_ENG_29Oct2010.pdf |title=AIA's successful listing on the Hong Kong Stock Exchange |date=2010-10-19 |url-status=dead |archive-url=https://web.archive.org/web/20160304090815/http://www.aia.com/en/resources/35395b804791f3e2ab10aff239f692a9/8_AIA_Press_Release_FINAL_ENG_29Oct2010.pdf |archive-date=2016-03-04 }}</ref>
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 Banking|Egg]], Tucker rejoined Prudential in March 2005 as CEO.<ref name="biography" /> 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".<ref name="football">{{ Citation | url = http://www.ft.com/cms/s/0/d18f7062-14be-11de-8cd1-0000779fd2ac.html | title = Pru's new chief Tidjane Thiam seen as 'bold' choice | newspaper = Financial Times | last = Felsted | first = Andrea | date = 2009-03-19 | access-date = 2009-03-19 }}</ref> He does not intend to retire, stating "There’s at least one more big job in me".<ref name="stepdown" /> Tucker is a member of the board of directors of [[Goldman Sachs]].<ref name="GS">{{cite web |url=http://www.goldmansachs.com/who-we-are/leadership/board-of-directors/ |title=Goldman Sachs – Leadership – Board of Directors |publisher=[[Goldman Sachs]] |access-date=8 August 2013}}</ref> He served as the CEO and president of Asian focus insurer [[AIA Group]] from June 2009 to September 2017, where he successfully led the former Asian assurance arm of New York-based [[American International Group]] (AIG) for an IPO on the [[Hong Kong Stock Exchange]] in October 2010. It raised approximately HK$159.08 billion (US$20.51 billion), the world's third largest IPO ever.<ref>{{cite web|url=http://www.aia.com/en/resources/35395b804791f3e2ab10aff239f692a9/8_AIA_Press_Release_FINAL_ENG_29Oct2010.pdf |title=AIA's successful listing on the Hong Kong Stock Exchange |date=2010-10-19 |url-status=dead |archive-url=https://web.archive.org/web/20160304090815/http://www.aia.com/en/resources/35395b804791f3e2ab10aff239f692a9/8_AIA_Press_Release_FINAL_ENG_29Oct2010.pdf |archive-date=2016-03-04 }}</ref>


Mark Tucker was appointed to the Board as a non-executive director and Group Chairman-designate of [[HSBC Holdings plc]] on 1 September 2017. He became non-executive Group Chairman on 1 October 2017, succeeding executive chairman [[Douglas Flint]] who retired.<ref>{{cite web|title=Who is Mark Tucker, HSBC's new incoming chairman?|url=http://uk.businessinsider.com/mark-tucker-biography-aia-hsbc-goldman-sachs-2017-3|publisher=Business Insider UK|last1=Brinded|first1=Lianna|date = 2017-03-13 |access-date=2017-10-03}}</ref>
Tucker was appointed to the board as a non-executive director and group chairman-designate of [[HSBC]] on 1 September 2017. He became non-executive group chairman on 1 October 2017, succeeding executive chairman [[Douglas Flint]], who retired.<ref>{{cite web|title=Who is Mark Tucker, HSBC's new incoming chairman?|url=https://www.businessinsider.com/mark-tucker-biography-aia-hsbc-goldman-sachs-2017-3|publisher=Business Insider UK|last1=Brinded|first1=Lianna|date = 2017-03-13 |access-date=2017-10-03}}</ref>


In June 2019, Mark Tucker was appointed Board Chairman of the private-sector membership body and industry advocacy group [[TheCityUK]], succeeding [[John McFarlane]].<ref>{{cite web|title=TheCityUK appoints Mark Tucker as Chairman of its Board|url=https://www.thecityuk.com/news/thecityuk-appoints-mark-tucker-as-chairman-of-its-board/|publisher=TheCityUK|date = 2019-02-11 |access-date=2019-06-11}}</ref>
In June 2019, Tucker was appointed board chairman of the private-sector membership body and industry advocacy group [[TheCityUK]], succeeding [[John McFarlane]].<ref>{{cite web|title=TheCityUK appoints Mark Tucker as Chairman of its Board|url=https://www.thecityuk.com/news/thecityuk-appoints-mark-tucker-as-chairman-of-its-board/|publisher=TheCityUK|date = 2019-02-11 |access-date=2019-06-11}}</ref>

In February 2023, he was named a member of the [[McKinsey & Company]] External Advisory Group.<ref>{{Cite web |title=External Advisory Group {{!}} McKinsey & Company |url=https://www.mckinsey.com/about-us/overview/our-leadership/external-advisory-group |access-date=2023-02-13 |website=www.mckinsey.com |language=en}}</ref>


==Personal life==
==Personal life==
Tucker is married with one son and one daughter. During Tucker's time with AIA, the company became [[Premier League]] team [[Tottenham Hotspur F.C.|Tottenham Hotspur]]'s shirt main sponsor.
Tucker is married with one son and one daughter. During Tucker's time with AIA, the company became [[Premier League]] team [[Tottenham Hotspur F.C.|Tottenham Hotspur]]'s shirt main sponsor.

He was [[Knight Bachelor|knighted]] in the [[2024 King's Birthday Honours]] "for services to the economy".<ref>{{London Gazette |issue= 64423 |date= 15 June 2024 |page= B2 |supp= y }}</ref>


==References==
==References==
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[[Category:Living people]]
[[Category:Living people]]
[[Category:British chairpersons of corporations]]
[[Category:British chairpersons of corporations]]
[[Category:English business executives]]
[[Category:British chief executives of financial services companies]]
[[Category:Chairmen of HSBC]]
[[Category:Chairmen of HSBC]]
[[Category:Prudential plc people]]
[[Category:Prudential plc people]]
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[[Category:Alumni of the University of Leeds]]
[[Category:Alumni of the University of Leeds]]
[[Category:Peterson Institute for International Economics]]
[[Category:Peterson Institute for International Economics]]
[[Category:Knights Bachelor]]




Latest revision as of 05:38, 20 November 2024

Sir
Mark Tucker
Chairman of HSBC
Incumbent
Assumed office
1 October 2017
Preceded byDouglas Flint
Board Chairman TheCityUK
Incumbent
Assumed office
1 June 2019
Preceded byJohn McFarlane
President of the AIA Group Limited
In office
1 January 2011 – 1 June 2017
Succeeded byNg Keng Hooi
Chairman of the AIA Group Limited
In office
12 October 2010 – 1 January 2011
Succeeded byEdmund Tse
CEO of the AIA Group Limited
In office
12 October 2010 – 1 June 2017
Succeeded byNg Keng Hooi
CEO of the Prudential plc
In office
2005–2009
Succeeded byTidjane Cheick Thiam
Personal details
Born (1957-12-29) 29 December 1957 (age 66)
England
Alma materUniversity of Leeds
OccupationGroup Chairman

Sir Mark Edward Tucker (born 29 December 1957) is an English businessman, best known for his various roles at Prudential plc, where he was the CEO until September 2009.[1] He currently serves as group chairman of HSBC.

Early life

[edit]

Mark Tucker started adult life as a trainee professional footballer, making appearances for Wolverhampton Wanderers, Rochdale and Barnet, although he never played a first team match.[2]

Career History

[edit]

After retiring from professional football, Tucker studied Business Management at the University of Leeds. He then qualified as an accountant at PricewaterhouseCoopers.[2]

He joined Prudential plc in 1986, initially working for Prudential Portfolio Managers.[2] He progressed through various roles in the UK, Hong Kong, and the US, where he was a senior vice president at Jackson National Life from 1992 to 1993.[2] 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.[2]

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.[2] 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".[3] He does not intend to retire, stating "There’s at least one more big job in me".[1] Tucker is a member of the board of directors of Goldman Sachs.[4] He served as the CEO and president of Asian focus insurer AIA Group from June 2009 to September 2017, where he successfully led the former Asian assurance arm of New York-based American International Group (AIG) for an IPO on the Hong Kong Stock Exchange in October 2010. It raised approximately HK$159.08 billion (US$20.51 billion), the world's third largest IPO ever.[5]

Tucker was appointed to the board as a non-executive director and group chairman-designate of HSBC on 1 September 2017. He became non-executive group chairman on 1 October 2017, succeeding executive chairman Douglas Flint, who retired.[6]

In June 2019, Tucker was appointed board chairman of the private-sector membership body and industry advocacy group TheCityUK, succeeding John McFarlane.[7]

In February 2023, he was named a member of the McKinsey & Company External Advisory Group.[8]

Personal life

[edit]

Tucker is married with one son and one daughter. During Tucker's time with AIA, the company became Premier League team Tottenham Hotspur's shirt main sponsor.

He was knighted in the 2024 King's Birthday Honours "for services to the economy".[9]

References

[edit]
  1. ^ a b Jones, Adam (19 March 2009), "Tucker to leave Prudential", Financial Times, retrieved 19 March 2009
  2. ^ a b c d e f Reece, Damian (20 August 2007). "Mark Tucker: Steering a safe course at the Pru". The Daily Telegraph. London. Retrieved 28 August 2007.[dead link‍]
  3. ^ Felsted, Andrea (19 March 2009), "Pru's new chief Tidjane Thiam seen as 'bold' choice", Financial Times, retrieved 19 March 2009
  4. ^ "Goldman Sachs – Leadership – Board of Directors". Goldman Sachs. Retrieved 8 August 2013.
  5. ^ "AIA's successful listing on the Hong Kong Stock Exchange" (PDF). 19 October 2010. Archived from the original (PDF) on 4 March 2016.
  6. ^ Brinded, Lianna (13 March 2017). "Who is Mark Tucker, HSBC's new incoming chairman?". Business Insider UK. Retrieved 3 October 2017.
  7. ^ "TheCityUK appoints Mark Tucker as Chairman of its Board". TheCityUK. 11 February 2019. Retrieved 11 June 2019.
  8. ^ "External Advisory Group | McKinsey & Company". www.mckinsey.com. Retrieved 13 February 2023.
  9. ^ "No. 64423". The London Gazette (Supplement). 15 June 2024. p. B2.
Business positions
Preceded by
Douglas Flint (As Executive Group Chairman)
 Group Chairman of HSBC
2017 – Present 		Succeeded by
Incumbent


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