Martin Gilbert hints at retirement plans after 36 years as CEO - report

SLA's share price has almost halved since merger

Mike Sheen
clock • 1 min read

Joint chief executive of Standard Life Aberdeen (SLA) Martin Gilbert has indicated his intention to retire from the role after 36 years leading his firm, with chairman Douglas Flint soon set to appoint a replacement, according to reports.

It comes just a year-and-a-half after the Standard Life-Aberdeen Asset Management merger, in the wake of which SLA has seen its share price fall by as much as 45%. Martin Gilbert: Financial services industry must be part of the country's long-term care solution Institutional investors have been putting pressure on the firm to replace the current co-CEO structure, which Gilbert currently shares with Keith Skeoch, with a single CEO. The Daily Mail reports that Gilbert told the World Economic Forum in Davos conference: "I am getting on. I am already the second-oldest chief executive [...

To continue reading this article...

Join Investment Week for free

  • 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 People moves

State Street's Ann Prendergast replaces JPMAM's Patrick Thomson as IA chair

State Street's Ann Prendergast replaces JPMAM's Patrick Thomson as IA chair

First joined the board May 2024

Eve Maddock-Jones
clock 11 July 2025 • 1 min read
Sparrows Capital promotes Phillip Young to deputy CIO role

Sparrows Capital promotes Phillip Young to deputy CIO role

Former investment analyst at the firm

Sorin Dojan
clock 10 July 2025 • 1 min read
Rishi Sunak returns to Goldman Sachs as a senior adviser

Rishi Sunak returns to Goldman Sachs as a senior adviser

Joined as an analyst in 2001

Linus Uhlig
clock 08 July 2025 • 1 min read
Trustpilot