If you thought Tidjane Thiam had enough on his plate trying to persuade shareholders to back the $35.5bn acquisition of AIG’s Asian business — well, think again.
The Prudential boss apparently has time to go plural.
From Societe Generale:
Now, it’s one thing for non executive directors to take on other positions, but why does the chief executive of FTSE 100 company – one that is trying to pull off a “transformational deal” – feel the need to sit on another board?
It can’t be for the money, so presumably it’s for the perspective, the insights, the big picture. But is this really a productive use of his time?
Related links:
Pru/AIA – “finely balanced” – FT Alphaville
Thiam’s 12-point guide to daring M&A – Lina Saigol / FT