Prudential promotes Reddy to chair The Prudential Foundation

Prudential Financial Inc. announced it has named Lata Reddy, head of corporate social responsibility, to chair The Prudential Foundation.Prudential Financial Inc. announced it has named Lata Reddy, head of corporate social responsibility, to chair The Prudential Foundation.

Reddy also serves as president of the foundation.

In these roles, she will oversee the company’s efforts to drive social and financial mobility and sustainable growth.

“Prudential was founded to serve working families. From our beginning, we have always believed that our higher purpose is to pursue inclusive growth that benefits shareholders, customers and society,” John Strangfeld, chairman and CEO of Prudential, said.

“Lata is a transformative leader who has advanced Prudential’s mission to connect business growth with societal progress. The elevation of her role and this important organizational shift recognizes that the integration of Corporate Social Responsibility and business strategy is foundational to creating true long-term value,” Strangfeld said.

Reddy joined Prudential in 1997 to manage The Prudential Foundation’s education grands. She became vice president of the foundation in 2002. She left in 2008 to launch a consulting practice and returned to her current role in 2012.