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Prudential recruits 17 new participants to its leadership development programme

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Prudential has extended its staff leadership development programme in a bid to change the way employees view talent development.

The firm has recruited 17 new participants into the programme, known as Momentum, bringing the total number of participants to 37 working across all four of Prudential's businesses in Asia, the US and the UK.

Participants are working in a number of roles across finance, HR, commercial management and communications. In recruitment for its third intake, it received double the number of applicants compared with the previous year and attracted applications from 49 different countries. 

Launched in 2007, the Momentum programme recruits and develops talented individuals from across the globe to work in Prudential's businesses. The programme is open to high-performing individuals with three to five years' work experience with the potential to move to a role in Prudential's leadership team within 10 to 15 years. The programme lasts four to six years and is based on three rotational assignments. Momentum candidates fill existing vacancies in the organisation and compete for their roles against other internal and external candidates. 

Tidjane Thiam, group chief executive, Prudential plc (pictured), said: "The long-term future of our company primarily depends on our ability to recruit and create opportunities for talented young people. I am a strong supporter of the Momentum programme and take a personal interest in each participant's career path."

Laurence Barrett, director of group resourcing and development, added: "Momentum is key to the culture of our organisation and helps to change the way everyone in our company views and develops talent. We have already seen this happening through the first two Momentum cohorts, their managers, mentors and supporting stakeholder networks and we are looking forward to working with our third intake of individuals to help us continue on this journey."