Mark Tucker (business): Difference between revisions
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| education = [[Business Management]] ([[University of Leeds]]) |
| education = [[Business Management]] ([[University of Leeds]]) |
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| employer = [[HSBC Holdings plc]] |
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| occupation = Group Chairman |
| occupation = Group Chairman |
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'''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 | accessdate = 2009-03-19 }}</ref> He currently serves as Group Chairman of HSBC. |
'''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 | accessdate = 2009-03-19 }}</ref>. He currently serves as Group Chairman of HSBC. |
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==Early Life== |
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Tucker started adult life as a trainee professional footballer, making appearances for [[Wolverhampton Wanderers F.C.|Wolverhampton Wanderers]], [[Rochdale A.F.C.|Rochdale]] and [[Barnet F.C.|Barnet]], although he never played a first team match.<ref name="biography">{{cite news | title=Mark Tucker: Steering a safe course at the Pru | work=[[The Daily Telegraph]] | url=http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/20/ccprof120.xml | date=2007-08-20 | accessdate=2007-08-28 | location=London | first=Damian | last=Reece}}</ref> |
Tucker started adult life as a trainee professional footballer, making appearances for [[Wolverhampton Wanderers F.C.|Wolverhampton Wanderers]], [[Rochdale A.F.C.|Rochdale]] and [[Barnet F.C.|Barnet]], although he never played a first team match.<ref name="biography">{{cite news | title=Mark Tucker: Steering a safe course at the Pru | work=[[The Daily Telegraph]] | url=http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/20/ccprof120.xml | date=2007-08-20 | accessdate=2007-08-28 | location=London | first=Damian | last=Reece}}</ref> |
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==Career History== |
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⚫ | He joined Prudential 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" /> |
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After retiring from professional football, Tucker studied [[Business Management]] at the [[University of Leeds]]. He was then qualified as an accountant at [[PricewaterhouseCoopers]].<ref name="biography" /> |
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⚫ | He joined [[Prudential]] 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" /> |
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⚫ | 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 | accessdate = 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 |last1= |first1= |last2= |first2= |date= |website= |publisher=[[Goldman Sachs]] |accessdate=8 August 2013}}</ref> |
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⚫ | 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 | accessdate = 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 |last1= |first1= |last2= |first2= |date= |website= |publisher=[[Goldman Sachs]] |accessdate=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 |deadurl=yes |archiveurl=https://web.archive.org/web/20160304090815/http://www.aia.com/en/resources/35395b804791f3e2ab10aff239f692a9/8_AIA_Press_Release_FINAL_ENG_29Oct2010.pdf |archivedate=2016-03-04 }}</ref> |
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Mark Tucker was appointed to the Board as a non-executive Director and Group Chairman Designate with effect from 1 September 2017. He further took over as non-executive Group Chairman of HSBC Holdings plc on 1 October 2017, succeeding [[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 |accessdate=2017-10-03}}</ref> |
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==Personal life== |
==Personal life== |
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Tucker is married with one son and one daughter. Tucker's |
Tucker is married with one son and one daughter. During Tucker's time with AIA, it became [[Tottenham Hotspur F.C.|Tottenham Hotspur]]'s cup shirt partner since the [[2013–14 Tottenham Hotspur F.C. season|2013–14 season]]. |
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==References== |
==References== |
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{{Reflist}} |
{{Reflist}} |
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{{HSBC}} |
{{HSBC Group}} |
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{{Goldman Sachs}} |
{{Goldman Sachs}} |
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Revision as of 14:21, 3 October 2017
Mark Tucker | |
---|---|
Born | |
Education | Business Management (University of Leeds) |
Occupation | Group Chairman |
Employer | HSBC Holdings plc |
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
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
After retiring from professional football, Tucker studied Business Management at the University of Leeds. He was then qualified as an accountant at PricewaterhouseCoopers.[2]
He joined Prudential 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]
Mark Tucker was appointed to the Board as a non-executive Director and Group Chairman Designate with effect from 1 September 2017. He further took over as non-executive Group Chairman of HSBC Holdings plc on 1 October 2017, succeeding Douglas Flint who retired. [6]
Personal life
Tucker is married with one son and one daughter. During Tucker's time with AIA, it became Tottenham Hotspur's cup shirt partner since the 2013–14 season.
References
- ^ a b Jones, Adam (2009-03-19), "Tucker to leave Prudential", Financial Times, retrieved 2009-03-19
- ^ a b c d e f Reece, Damian (2007-08-20). "Mark Tucker: Steering a safe course at the Pru". The Daily Telegraph. London. Retrieved 2007-08-28.
- ^ Felsted, Andrea (2009-03-19), "Pru's new chief Tidjane Thiam seen as 'bold' choice", Financial Times, retrieved 2009-03-19
- ^ "Goldman Sachs – Leadership – Board of Directors". Goldman Sachs. Retrieved 8 August 2013.
- ^ "AIA's successful listing on the Hong Kong Stock Exchange" (PDF). 2010-10-19. Archived from the original (PDF) on 2016-03-04.
{{cite web}}
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suggested) (help) - ^ Brinded, Lianna (2017-03-13). "Who is Mark Tucker, HSBC's new incoming chairman?". Business Insider UK. Retrieved 2017-10-03.