Institutional investors call for change of leadership at SLA

According to Procensus survey

clock
Calls for Skeoch and Gilbert to give up co-CEO structure
Image:

Calls for Skeoch and Gilbert to give up co-CEO structure

A number of institutional investors want to see a new chief executive at Standard Life Aberdeen, suggesting the group move away from the current co-CEO structure and appoint an outsider to the top role.

According to a poll conducted by Procensus, an opinion sharing platform for institutional shareholders, more than two thirds of the 21 respondents want to see an external candidate taking over the CEO role within the next 12 months. The position is currently shared by Keith Skeoch, former CEO of Standard Life Investments, and Martin Gilbert, who ran Aberdeen Asset Management prior to the merger of the two giants in 2017. According to reports, the investors responding to the poll have a "high level of interest" in Standard Life Aberdeen, though it is not clear if all of them are shareh...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Industry

Trustpilot