M&G names CFO Clare Bousfield as new MD of retail and savings

She will step down from the board

M&G Group has appointed chief financial officer Clare Bousfield to the newly-created role of managing director, retail and savings, responsible for leading the expansion of M&G Wealth in the UK.

In her new role, effective 1 October 2021 and subject to regulatory approval, Bousfield will also oversee the completion of the transformation of the Prudential-branded operations, intended to "improve...