Prudential Financial Honored for Best Practices in Diversity by LATINA Style Magazine

Prudential Financial Honored for Best Practices in Diversity by LATINA Style Magazine



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Newark, NJ–(HISPANIC PR WIRE – BUSINESS WIRE)–February 3, 2005–Prudential Financial, Inc. (NYSE:PRU) was honored today by LATINA Style magazine at a Best Practices in Diversity Awards ceremony in Washington, D.C. that included a reception at the White House.

LATINA Style, a national magazine for the contemporary Hispanic woman, ranked Prudential among its top 50 companies that provide the best professional opportunities for Latinas. More than 600 corporations in the United States were surveyed.

Accepting the award on behalf of Prudential, Emilio Egea, vice president of Human Resources said, “Prudential’s recognition by LATINA Style highlights the company’s commitment to diversity. Our efforts to foster an inclusive environment where we respect and value difference is part of our strategy to succeed in the global marketplace.”

Joining Egea at the award ceremony, Ida Machuca, director, Information Systems at Prudential, said, “It is an honor to work for an organization that values diversity and encourages our growth and development. These qualities are important to positively position companies and their workforces for success in the future.”

Companies responding to LATINA Style’s survey were evaluated based on the issues LATINA Style readers identified as most important to them in the workplace. The principal areas of evaluation were: number of Latina executives, mentoring programs, women on board of directors, educational opportunities, dependent/child care support, leave for childbirth, alternative work policies, benefits, women’s issues and Hispanic relations.

Prudential Financial companies, with approximately $470 billion in total assets under management as of September 30, 2004, serve individual and institutional customers worldwide and include ThePrudential Insurance Company of America, one of the largest life insurance companies in the United States. These companies offer a variety of products and services, including life insurance, mutual funds, annuities, pension and retirement related services and administration, asset management, securities brokerage, banking and trust services, real estate brokerage franchises and relocation services. For more information, visit http://www.prudential.com.

–30–NM/ny*

CONTACT:

Prudential Financial

Beverley Malcolm

973-802-3099

Prudential Financial Honored for Best Practices in Diversity by LATINA Style Magazine