The Directory

Donald  Kanak

Donald Kanak

EU-ASEAN Business Council


Don Kanak is the Chairman of Eastspring Investments, the Asia investment organization of Prudential plc which is one of Asia’s leading retail asset managers with US$216 billion in assets under management (as of 30 June 2019). Don is also Chairman of Prudence Foundation, the community engagement arm of Prudential in Asia.

Don is based in Hong Kong and has lived and worked in Asia for over 30 years. From 2008 through 2015, Don served as Chairman of Prudential Corporation Asia. From 1992 to January 2006, Don served in a number of senior positions at American International Group (AIG), ultimately as Executive Vice Chairman and Chief Operating Officer of AIG. Prior to his career in insurance and investment, Don was a partner of an international strategy consulting firm.

Don serves as Chairman of the EU-ASEAN Business Council, the primary voice for European businesses within the ASEAN region. In 2011-12, Don chaired the World Economic Forum’s Global Agenda Council on Insurance and Asset Management. He is Co-Chair of the Steering Committee of the ASEAN Hub of the Sustainable Development Investment Partnership initiative of the World Economic Forum.

Don is a member of the Council on Foreign Relations, a Senior Fellow of the Program on International Financial Systems affiliated with the Harvard Law School, a Trustee of WWF-Hong Kong, and a member of the National Council of WWF-U.S.  He was also a member of the United Nations Global Environment Facility’s Technical Advisory Group on its climate change mitigation strategy.

Don holds a J.D. with honors from Harvard Law School, an M.Litt in Management Studies from University of Oxford (U.K.), a B.A. with highest honors in economics from the University of North Carolina-Chapel Hill and the Chartered Financial Consultant (ChFC) and Chartered Life Underwriter (CLU) designations from the American College.

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