Richard_Woolnough

Richard Woolnough

Richard Woolnough

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Richard Woolnough (born 1964)[1] is a fund manager with M&G in the United Kingdom who in 2014 was the highest paid person in Prudential plc, M&G's former parent company, earning at least £15.3 million in pay and bonuses, compared to the £11.8 million earned by the chief executive Tidjane Thiam that year.[2] Woolnough was paid £17.5 million in 2013.[1]

Woolnough was born in Chesterfield[1] and educated at the London School of Economics.[3] Before starting at M&G, Woolnough worked for Lloyds Merchant Bank, the Italian insurer Assicurazioni Generali, Old Mutual and SG Warburg.[4] Woolnough runs four funds[5] at the investment manager M&G, which was demerged from Prudential plc in 2019.[6]

References

  1. [1]
    "Prudential's mystery fund manager paid £17.5m revealed", Rupert Neate, The Guardian, 3 April 2014. Retrieved 2 April 2014.
  2. [2]
    "Man from the Pru in the money ...but not as much as fund chief who works for him", Miles Costello, The Times, 1 April 2015, p. 47.
  3. [3]
    "Richard Woolnough | Fund Manager Fact Sheet | M&G | Citywire". citywire.co.uk. Retrieved 2 April 2015.
  4. [4]
    "M&G Fund Manager Scoops £15m-Plus Pay Deal", Mark Kleinman, Sky News, 31 March 2015. Retrieved 2 April 2015.
  5. [5]
    "Richard Woolnough". Citywire. Retrieved 2021-11-21.
  6. [6]
    "M&G makes debut as Prudential demerger completed". 21 October 2019. Retrieved 2021-11-21.
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