NEWARK, N.J.--(BUSINESS WIRE)-- Margaret M. Foran has joined Prudential Financial, Inc. (NYSE: PRU), as vice president, Chief Governance Officer and Secretary. In this position, Foran will be responsible for working with the Board of Directors to continue to strengthen Prudential's governance principles and practices and will report to Susan Blount, senior vice president and General Counsel at Prudential.

"I am delighted that Peggy has joined Prudential and will assist the Board in furthering our work in the governance area," said John Strangfeld, Chairman and CEO.

"Peggy is a globally recognized leader in corporate governance matters. Her depth of knowledge on key issues impacting investor confidence in the capital markets is more important than ever. Having Peggy join our organization demonstrates our significant commitment to operate at the highest level of integrity, regulatory compliance and corporate governance," said Susan Blount, senior vice president and General Counsel at Prudential.

Foran is a member of the Standing Advisory Group of the Public Company Accounting Oversight Board and the New York Stock Exchange Stockholder Approval Policy Task Force; and co-chair of the International Governance Committee of the Council of Institutional Investors, of which she is the former co-chair. She also is the former chair of the American Bar Association Business Law Section's Corporate Governance Committee, a former trustee of the Securities and Exchange Commission's Historical Society; and a former director of MONY Group Inc. and MONY Life Insurance Company.


Foran also is a member of the Business Advisory Council of YAI/National Institute for People with Disabilities, The Economic Club of New York and the American Bar Association Commission on Mental and Physical Disability.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $542 billion of assets under management as of March 31, 2009, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping approximately 50 million individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit http://www.news.prudential.com.





Prudential Financial, Inc.

Gabrielle Shanin, 973-802-7779

gabrielle.shanin@prudential.com



Source: Prudential Financial, Inc.