Prudential Financial recently appointed Jacques Chappuis as the President and Chief Executive Officer of Prudential Global Investment Management (PGIM), effective May 1, 2025. The current President and Chief Executive Officer of PGIM, David Hunt, will retire, and he will continue to serve as Chairman of PGIM until July 31, 2025. Prior to this, Chappuis worked at Morgan Stanley, serving as Co-Head of Morgan Stanley Investment Management (MSIM). According to official information, Prudential Global Investment Management is a business institution under the USA Prudential Financial conglomerates responsible for global investment management, with assets under management exceeding $1.5 trillion.