Prudential CFO Sees Retirees’ Billions Paving New Path to Growth

  • Yanela Frias hits one-year mark as CEO transition nears
  • Insurer experiments with generative AI to fuel productivity
Yanela FriasPhotographer: Victor J. Blue
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Prudential Financial Inc.’s Chief Financial Officer Yanela Frias sees the rising global demand for retirement income as a major growth driver for the insurer’s new chapter once incoming Chief Executive Officer Andy Sullivan takes the helm.

“There’s just so much in terms of an aging population, a lack of ability for the governments to really continue to support retirement, and a need for individuals to have the ability to save and then generate protected income,” Frias said in an interview on Bloomberg Chief Future Officer.