Cambodia Investment Review

Prudential Cambodia Appoints Tola Ponlu as Chief Executive Officer

Prudential Cambodia Appoints Tola Ponlu as Chief Executive Officer

Cambodia Investment Review

Prudential Cambodia has appointed Tola Ponlu as its Chief Executive Officer (CEO), effective 01 May 2024.

Tola is considered a pioneer in the Cambodian life insurance industry and an eminent business leader. He has extensive experience of more than 10 years in life insurance where he has had an impressive track record of successfully building the agency distribution channel as well as managing strong strategic bank partnerships. He is also highly experienced in driving customer centric, marketing and branding activities.

Commenting on the appointment, Solmaz Altin, Managing Director, Strategic Business Group said “I am excited to have Tola on board to help us drive growth across our businesses in Cambodia, Laos and Myanmar. With deep local knowledge and industry expertise, he will focus on building our distribution channels to meet the needs of our customers in these markets.”

Tola succeeds Sanjay Chakrabarty, who has become CEO of Pru Life UK in The Philippines on 01 February 2024.

Over the past 11 years, Prudential Cambodia has experienced remarkable growth in its business operations, establishing itself as a pioneering force in the Cambodian insurance industry. By offering suitable solutions at affordable prices, enriched product suites, and improved service standards, we have consistently prioritized delivering the best possible customer experiences.

Under the leadership of Tola, we are confident that Prudential will further enhance its customer service and experiences by providing tailored life insurance solutions to every Cambodian family, guided by our core value, customer is our compass.

About Prudential (Cambodia) Life Assurance PLC

Since its establishment in 2013, Prudential Cambodia has become one of the largest life insurers in the country, providing customizable solutions to over 430,000 customers.

Prudential Cambodia is an affiliated company of Prudential plc. Prudential plc provides life and health insurance and asset management in 24 markets across Asia and Africa. Prudential’s mission is to be the most trusted partner and protector for this generation and generations to come, by providing simple and accessible financial and health solutions.

The business has dual primary listings on the Stock Exchange of Hong Kong (2378) and the London Stock Exchange (PRU). It also has a secondary listing on the Singapore Stock Exchange (K6S) and a listing on the New York Stock Exchange (PUK) in the form of American Depositary Receipts. It is a constituent of the Hang Seng Composite Index and is also included for trading in the Shenzhen-Hong Kong Stock Connect programme and the Shanghai-Hong Kong Stock Connect programme. Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

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