Institutional investors call for change of leadership at SLA

According to Procensus survey

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

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...

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