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Mr. Manning will remain as Chairman of Jackson until next April and occupy an advisory role to the end of 2011.

Most important group insurance of Great Britain, said will that Mr. Manning comply as head of the national Executive of Jackson at the beginning of next year will be replaced by Mike Wells, currently the company U.S. Chief Operating Officer.

Believed that Mr. Manning, who spent 15 years at Jackson, wanted to retire from a certain temps.Cependant, delayed his departure from the financial crisis and then prudential failed to $35. 5bn (Institute for ￡ 22) offers Asian business of AIG.

The 52 - year old will remain as Chairman of Jackson until the end of April and occupy an advisory role to the end of 2011.

Tidjane Thiam, President of prudential, said Mr. Manning had "built a leading and respected business."

Mr. Manning was added: "" choosing a time to resign is never easy, but after having sailed successfully through these last two years of financial turmoil in the markets and delivered exceptionally strong profitable growth, I think now is the right time to take the reins at Mike.""

The news was announced as the prudential has confirmed the appointment of Sir Howard Davies and Executive Paul Manduca as administrators.

Sir Howard, who chaired the Financial Services Authority, 1997, 2003, will become Chairman of the Committee of the prudential risque.Il will be fill the void created by the departure of since Sir Win Bischoff, who left to become Chairman of the Group of the Lloyd banks ' S last year.

Mr Manduca, who is currently an independent senior in WM Morrison, Director replaces James Ross as senior 1 janvier.Dans company's independent Director a diverse career in business, Mr Manduca held the main roles of Threadneedle Asset Management, Eagle Star and Dunbar allies.

Mr. Ross will retire from the Board meeting annual next May.

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