Edinburgh-based asset manager Aberdeen Investments has appointed John McCareins as its new chief client officer.
He joins from Northern Trust Asset Management, where he was executive vice-president and head of international.
McCareins will join Aberdeen in mid-June 2025 and will sit on Aberdeen’s Group Executive Leadership Team. He succeeds Xavier Meyer, following his recent promotion to CEO of Aberdeen Investments.
He most recently led Northern Trust AM’s international business from London, including APAC and EMEA, and prior to that led its APAC business based in Hong Kong, having spent his early Northern Trust career in his home town of Chicago in the Multi-Manager Solutions Practice.
In his new role, he will be responsible for Aberdeen Investments’ global commercial franchise, including strategic partnerships, business development, client experience and advancing its solutions capabilities across insurance companies, pension funds, sovereign wealth funds, financial institutions and wealth managers.
He will be based at Aberdeen’s London office in this global role.
Xavier Meyer, CEO of Aberdeen Investments, said: “John is the perfect fit to accelerate our growth momentum as we enter a new phase of our development. I’m confident that he will have a meaningful impact for Aberdeen and for our clients.
“John combines a proven track record of delivering strong organic growth and exceptional client service, with an emphasis on people, solutions and process. We look forward to welcoming him into our outstanding teams as we continue to attract the best people and strengthen our client experience.”
McCareins said: “This is a very exciting time for Aberdeen Investments as it focuses on its core offering, leaning in on areas of strength, including public and private Credit, Real Assets, and Specialist Equities, where it has real scale and heritage.
“I’m proud to join a group with significant reach, relevance and relationships, helping both institutional and retail investors build long-term financial resilience. This is a time of change and transformation, and it is exciting to be part of that story. I look forward to working with the team and with clients as we look to realise the full potential of Aberdeen’s Investments business.”
A spokesperson for Northern Trust said: “We appreciate John’s contributions and wish him success in his future endeavours. We have commenced an internal and external search for a replacement. In the interim, Northern Trust Asset Management President Daniel Gamba will provide leadership to the international team supported by our seasoned team of investment experts.”
