According to the Times, Harvey McGrath, chairman and James Ross, senior independent director, will be meeting with shareholders to discuss the future of the insurerâs management team - but without the CEO.
The news follows the collapse of the Prudentialâs takeover bid for the AIA, the Asian unit of the American Independent Group.
Prudential is thought to have lost an estimated $450 million in fees following the failure of the $35.5 billion acquisition.
An unnamed shareholder at Prudential told the Times: âThere needs to be management change at the Pru; that is increasingly clear.
âHarvey and Tidjane are joined at the hip, but they canât both go at the same time. The question is how to effect this so that some stability can return post AIA.â
Robin Geffen, managing director of Neptune Investment Management, one of the Prudentialâs major shareholders, has been one of the most vocal in his criticism of the firmâs management team following the failure of the bid.
Reports claim that Mr Tidjane is currently on holiday in Spain.
By Jim Ottewill