Finance

PGIM Taps Morgan Stanley’s Chappuis to Succeed Longtime CEO David Hunt

  • Chappuis co-headed bank’s investment management business
  • Hunt led insurer’s asset management arm for 13 years
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PGIM appointed Morgan Stanley’s Jacques Chappuis as chief executive officer to succeed David Hunt, who’s leaving after 13 years in the job.

Chappuis will take the helm of the Prudential Financial Inc. asset management unit as of May 1, 2025, the firm said in a statement. He’ll report to Andrew Sullivan, executive vice president and head of Prudential’s international businesses and global investment management.