The vice-chairman of Standard Life Aberdeen is to step down next year.
From now until September 2020, Martin Gilbert (pictured) – who co-founded Aberdeen Asset Management – will transition his client and key regulatory relationships to executive colleagues.
Certain key public policy, industry body relationships will be transferred to the chairman Sir Douglas Flint, who thanked Gilbert for an “outstanding career”.
“It has been an incredible journey, almost unimaginable from the earliest days when we were just three people in one office in Aberdeen with £50 million under management to today’s total in excess of £500 billion,” Gilbert said.
From now until next year, he will continue with business as usual – aiming to strengthen the group’s relationships with clients, winning new business, and developing the group’s international capabilities.
Chairman Sir Douglas Flint said: “It is impossible to overstate Martin’s achievement in building Aberdeen Asset Management into a truly global and widely respected investment firm.
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