Aberdeen Standard Investments (ASI) has hired Alex Hoctor-Duncan as global sales director and head of EMEA distribution as Phil Barker plans to retire at the end of the year.
Barker will retire having spent 20 years at the firm in a number of roles including global head of sales at Standard Life Investments since 2010.
Hoctor-Duncan joins from BlackRock where he held a number of roles, most recently as head of its EMEA retail business. He was also head of retail sales, EMEA, at BlackRock.
In his new role, Hoctor-Duncan will be responsible for co-ordinating global sales activity, increasing global sales and improving the effectiveness of the firm's salesforce.
Furthermore, he will work alongside ASI's chief operating officer for distribution Andrew November to accelerate the sales efforts of the firm's active quant and private market offerings.
ASI's head of business development, Europe ex-UK, Rik Brouwer has been promoted and will take over Barker's regional responsibilities.
Elsewhere, Edris Alrafi has been appointed head of the Middle East and Africa at ASI, where he will be responsible for building out the firm's presence in the region.
Alrafi joins from Dubai Holding, where he was chief executive and will take over from Nigel Norman, who is retiring.
Campbell Fleming, global head of distribution at ASI, commented: "Our global reach and broad range of investment capabilities, encompassing equities, fixed income, private markets, real estate and solutions - means we are well placed to better assist clients to meet their long-term financial goals as our recent improvement in gross, and mix of our, sales evidence.
"I wish Nigel and Phil every success on their retirement and thank them for their long service to the firm.
"I am very confident that Alex, Rik and Edris can further build on these efforts as we invest in our presence across the globe and in particular Europe, the Middle East and Africa."
Purchased for undisclosed sum
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